Summary:
Options considered: |
Following the commencement of the leisure devolvement construction phase and having received a formal offer to acquire the site, officers have prepared a paper that considers the offer received for a freehold acquisition of the site, for an apart-hotel development and a number of alternative options.
8 Options have been considered
|
Conclusions: |
The site has been marketed for over 2 years and the Council has recently received a formal offer to acquire the freehold of the land for redevelopment.
The offer received would generate a capital receipt for the Council as described in Option 1, would support the tourism sector, local economy and create a range of employment opportunities.
|
Recommendations:
Reasons for Recommendations:
|
To dispose of an asset that is surplus to requirements and funds generated are to enable the Leisure development on adjacent land. |
Cabinet Member(s) Cllr G Hayman |
Ward(s) affected : |
Contact Officer, telephone number and email:
Renata Garfoot, 01263 516086 Renata.Garfoot@north-norfolk.gov.uk
Decision:
RESOLVED
Reason for the decision:
To dispose of an asset that is surplus to requirements and funds generated are to enable the Leisure development on adjacent land.
Supporting documents: