The Treasury Annexe Building is currently occupied on a short term lease by Make Hamilton Square Ltd (‘Make’) as a centre for makers and creatives.  Make intends to relocate to alternative premises in Argyle Street, Birkenhead on or before the expiration of the lease in July 2024.  At that point, the Annexe Building will become vacant and surplus to the Council’s requirements.

In September 2022, Wirral Borough Council secured approval and funding from the Department for Levelling Up, Housing and Communities’ (DLUHC) Towns Fund for a number of projects within the Birkenhead Town Deal programme. The Joy Project is one such project, which has identified the Treasury Annexe Building as a suitable location for its activities. 

It is therefore proposed that the Council makes a disposal of the property to the Open Door Charity on a long lease in return for a premium of £270,000 plus VAT.

The Wirral Plan 2021 - 2026 covers the following five themes:

• Safe & Pleasant Communities
• Brighter Futures
• Active and Healthy Lives
• Sustainable Environment
• Inclusive Economy

The disposal of this asset and the use of Town Deal funds, together with the wider regeneration programme, delivers against all of the above themes.

The transaction has implications for the Birkenhead and Tranmere ward.

This is not a key decision.