Issue details
ACQUISITION OF DERRIFORD BUSINESS PARK DATE FIRST INCLUDED ON THE FP: 12 MAY 2011
Authorisation to proceed with the acquisition of the freehold interest from SWRDA of Derriford Business Park, a commercial investment comprising seven office buildings totalling c. 4,000 sq m (43,000 sq ft) available to be leased to third parties, with car parking and landscaping.
Decision type: Key
Decision status: Recommendations Approved
Open/Exempt: Open;
Decision due: 7 June 2011 by Cabinet (on the recommendation of Councillor Fry)
Department: Place
Contact: Email: david.james2@plymouth.gov.uk david.james2@plymouth.gov.uk Tel: 01752 304571.
Consultation process
Discussions have been held with relevant officers
Consultees
• legal officers
• finance officers
• planning officers
Making Representations: In writing by 26 May 2011 to - Assistant Director for Economic Development Councillor Fry (Cabinet Member)
Information to be considered by the decision makers: 1. Summary of the acquisition cost 2. property lettings and estate liabilities 3. the capital value of the property 4. possible future development potential 5. the method of financing its acquisition
Documents
- Legal, finance and valuation advice