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.