Decision details

The Cabinet will be asked to approve proposals relating to the disposal of the Council-owned vacant property at 89 Axe Street, Barking

The Divisional Director of Finance introduced a report on the proposed sale of 89 Axe Street which was now considered surplus to the Council’s requirements as office accommodation. 

Cabinet agreed:

  (i)  The disposal of 89 Axe Street, Barking, on the terms set out in the report;

  (ii)  To authorise the Chief Executive, in consultation with the Head of Legal and Democratic Services, to negotiate terms for the disposal of the freehold interest in the property; and

 (iii)  That a further report be presented setting out the offers received in order for Cabinet to agree a successful purchaser of the property.