Decision Maker: Assistant Director - Housing
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The nature of the property and its topography
mean future rental and development are difficult.
Three previous buyers have pulled out after carrying out their own survey work, and wanting to reduce their offer price.
Buyer has agreed a purchase price of £295,000.
To dispose of the council asset known as 264
and 264a Cotterells, Hemel Hempstead, Hertfordshire, HP1 1JP
Option 1 - Sell - Invest proceeds back into
Option 2 - Don't sell - Liable for future maintenance and extensive upgrades.
Option 3 - Do nothing - Incur further loss of rent and future costs.
Publication date: 16/07/2021
Date of decision: 15/07/2021