Issue - meetings

DISPOSAL OF INDUSTRIAL ESTATE AT QUARRYBANK STREET, BIRKENHEAD

Meeting: 16/03/2022 - Policy and Resources Committee (Item 150)

150 Disposal of Industrial Estate at Quarrybank Street, Birkenhead pdf icon PDF 92 KB

Additional documents:

Minutes:

The Head of Legal Services introduced a report on the recommendations of the Economy, Regeneration and Development Committee at its meeting of 26 January 2022, in respect of the Disposal of Quarrybank Industrial Estate at Quarrybank Street, Birkenhead, a Council owned investment asset.

 

On a motion by the Chair, seconded by Councillor Tony Jones, it was –

 

Resolved (13:2) – That

 

(1)  Quarrybank Industrial Estate, Quarrybank Street, Birkenhead be declared surplus to requirements; and

(2)  Delegated authority be given to the Director of Law and Governance, in consultation with the Director of Regeneration and Place, to arrange for its disposal by auction and subsequent sale on the basis as set out in paragraph 3.3 of the report.


Meeting: 26/01/2022 - Economy Regeneration & Housing Committee (Item 68)

68 DISPOSAL OF INDUSTRIAL ESTATE AT QUARRYBANK STREET, BIRKENHEAD pdf icon PDF 88 KB

Additional documents:

Minutes:

The Assistant Chief Executive presented a report which sought approval for the disposal of Quarrybank Industrial Estate, Quarrybank Street, Birkenhead, a Council owned investment asset. This disposal will assist the Council in meeting targets for the generation of capital receipts from the sale of non-operational property assets.

 

Members discussed the report and queried the reserve price for the premises and the Assistant Chief Executive agreed to provide this information to members separately. Concerns were raised about disposing of the premises and loss of rental income. Also discussed was the spend required to bring the premises up to a ‘C grade’ Energy Performance Certificate. The Assistant Chief Executive responded to say that this had been considered and would be untenable due to  age of the estate and investment required.

 

Resolved: that Policy and Resources Committee be asked to recommend that:

 

(1) Quarrybank Industrial Estate, Quarrybank Street, Birkenhead be declared surplus to requirements; and

 

(2) Delegated authority be given to the Director of Law and Governance, in consultation with the Director of Regeneration and Place, to arrange for its disposal by auction and subsequent sale on the basis as set out in paragraph 3.3 of this the report