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To approve the principle of the disposal of 7 Severn Place to Unex Group Holdings Limited as part of a site assembly scheme.
Decision type: Non-key
Decision status: Recommendations Approved
Decision due: 11 Oct 2012 by Executive Councillor for Housing
Lead member: Executive Councillor for Housing
Lead director: Director of Customer and Community Services
Department: City Homes
Contact: Email: Robert.hollingsworth@cambridge.gov.uk.
Additional Information: Not currently requested for pre-scrutiny.
Background Information: 7 Severn Place is an HRA property. The Council was approached by Unex Group Holdings Limited to purchase the property to form part of a site assembly scheme. Terms of a potential sale have been provisionally agreed, subject to contract and Committee approval. Any sale would only go ahead subject to identifying suitable alternative accommodation for the existing tenant, by agreement.