The Chair indicated that the report considered by the Cabinet at its meeting on 15 April 2010 had been an exempt report which, together with the exempt delegated decision report (of June 2009) to declare the land a surplus asset, had been provided to Members with their agenda. He had requested the officers to prepare a summary of the document, which did not contain exempt information. Accordingly, the Director of Law, HR and Asset Management presented a revised version of his earlier report, which had advised the Cabinet of the offers received for the car park adjoining the original Lifeboat Station in Hoylake, after joint marketing the site with Peel Holdings, who owned the buildings.

The Cabinet had been advised that six offers had been received for both the Council’s land and the building owned by Peel Holdings and he indicated that the capital receipt would be split on a 50/50 basis, less legal and other disposal costs. The sale would also be subject to an overage payment clause, which would entitle Peel Holdings and Wirral Council to 50% (to be split 50/50) of any increase in value of the property if planning permission for an alternative use, with a market value higher than existing use, was obtained within 25 years of the sale.

The Director had outlined for the Cabinet each of the offers made and the local considerations in relation to the site. Ultimately, however, he indicated that it would be for the potential purchaser to satisfy the Planning Committee as to the appropriateness of any future use. He set out the planning implications in relation to the site and commented that local residents would have an opportunity to register their views as part of the planning application process.

The Chair indicated that the report considered by the Cabinet at its meeting on 15 April 2010 had been an exempt report and that he had requested the officers to prepare a summary of that document, which did not contain exempt information. Accordingly, the Director of Law, HR and Asset Management presented a revised version of his earlier report, which had advised the Cabinet of the offers received for the car park adjoining the original Lifeboat Station in Hoylake, after joint marketing the site with Peel Holdings, who owned the buildings.