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Disposal of 7 Severn Place Cambridge CB1 1HL

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.

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