Decision details

Decision to purchase 29 Scarsdale Crescent Brimington for £115,000 under right of first refusal / strategic acqusitions policy

Decision Maker: Assistant Director - Housing

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The property 29 Scarsdale Crescent was offered to the Council under the Right-of-first refusal.
The property has been surveyed by an asset management officer and no significant investment requirements were identified.
The Council's valuer viewed the property and advised an offer of £115,000.
The property represents value for money in in the Acquisitions Calculator.
The offer has been put to the vendors and a decision is pending.
Approved to seek to purchase the property has been given by Cllr Ludlow and Assistant Director of Housing.

Decision:

Option 1 - To seek to purchase 29 Scarsdale Crescent, Brimington for £115,000 under the Right-of-First refusal

Alternative options considered:

Option 1 - To seek to purchase 29 Scarsdale Crescent, Brimington for £115,000 under the Right-of-First refusal
Option 2 - To seek alternative properties to purchase under the Right of First refusal

Reason Key: Decision to dispose or acquire any interest in land or buildings with a value of £50,000 or more;

Contact: Liz Cook, Service Director - Housing Email: liz.cook@chesterfield.gov.uk Email: liz.cook@chesterfield.gov.uk.

Publication date: 02/11/2020

Date of decision: 02/11/2020