Decision

The Strategic Director of Resources has decided to dispose of the Council's freehold interest in a property through auction or another approved method of sale.

Analysis

outcome: The property will be sold at a price that satisfies the Council's statutory obligation to achieve market value.

summary: The decision involves the disposal of the Council's freehold interest in a property through auction or another approved method of sale.

topline: The Strategic Director of Resources has decided to dispose of the Council's freehold interest in a property through auction or another approved method of sale.

reason_contentious: This issue may be contentious as it involves the sale of public property, which could impact local stakeholders and raise concerns about transparency and accountability.

affected_stakeholders: ["Council", "Local residents", "Potential buyers"]

contentiousness_score: 6

political_party_relevance: There are no explicit mentions of political parties or political influence on the decision.

URL: https://moderngov.southwark.gov.uk/ieDecisionDetails.aspx?ID=8386

Decision Maker: Strategic Director of Resources

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: Disposal of the Council's freehold interest by auction or any other approved method of sale

Content: Disposal of the Council's freehold interest by auction or any other approved method of sale 1.  The Council disposes of this property (shown edged red on the plan at Appendix 1) subject to it being sold at a price that satisfies the Council’s statutory obligation to achieve market value.   2.  The Strategic Director of Resources authorises the Assistant Director of Property to determine the minimum price for which the property will be sold.  

Date of Decision: July 11, 2025