URL: https://councillors.knowsley.gov.uk/ieDecisionDetails.aspx?ID=8049

Decision Maker: Executive Director Regeneration and Economic Development (Dale Milburn)

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose: The purpose of this report is to seek approval for an extension to the current exclusivity agreement and revised sale price, to facilitate the progression and completion of the land disposal at Church Street / West Street, Prescot.  

Content: The purpose of this report is to seek approval for an extension to the current exclusivity agreement and revised sale price, to facilitate the progression and completion of the land disposal at Church Street / West Street, Prescot.   The Executive Director (Regeneration and Economic Development) in consultation with the Cabinet Member for Regeneration and Economic Development hereby:   i)               Approves the proposed disposal of land at Church Street / West Street, Prescot on the revised sale price set out within the report; ii)              Approves the extension of the existing exclusivity agreement to the selected party on terms detailed in the report; and iii)            Authorises the Head of Legal Services to complete the necessary legal documentation.   The Council could decide not to proceed with the proposed disposal at the revised sale price and retain the land.  This option was rejected as the Council would miss the opportunity to deliver the redevelopment of an opportunity site in accordance with the Prescot Town Centre Masterplan, wider town centre regeneration objectives and a potential capital receipt.  

Date of Decision: February 11, 2026