URL: https://democracy.thanet.gov.uk/ieDecisionDetails.aspx?ID=5561

Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose: The Cabinet considered a report recommending the disposal of four surplus property assets: the garage at Hopeville Avenue, Broadstairs; a long leasehold disposal of the Coach House, Northdown Park, Margate; Margate Lawn Tennis Club, Margate; and a covenant release in the title of the former St John Ambulance Training Centre, Ramsgate. The disposal of surplus assets is crucial in generating capital receipts, which is essential for funding the council’s approved Capital Programme as set out in the Medium Term Financial Plan.

Content: The Cabinet considered a report recommending the disposal of four surplus property assets: the garage at Hopeville Avenue, Broadstairs; a long leasehold disposal of the Coach House, Northdown Park, Margate; Margate Lawn Tennis Club, Margate; and a covenant release in the title of the former St John Ambulance Training Centre, Ramsgate. The disposal of surplus assets is crucial in generating capital receipts, which is essential for funding the council’s approved Capital Programme as set out in the Medium Term Financial Plan. Cabinet approved the following:   1.  An open market disposal of the Garage at Hopeville Avenue, Broadstairs;   2.  A long leasehold disposal of the Coach House, Northdown Park, Margate;   3.  The covenant release on the title at the former St John Ambulance Training Centre, Ramsgate;   4.  The disposal of Margate Lawn Tennis Club. The assets have been identified surplus to council requirements. There is cost and risk to the council associated with retaining these properties on a long term basis. Their disposals will generate crucial capital receipts needed to fund the agreed council’s capital expenditure programme. The options to retain the assets and repurpose them were all rejected because they would be financially imprudent, fail to generate the necessary capital funds for the council, and would not address the financial or safety risks associated with retaining the properties on a long term basis.

Date of Decision: April 30, 2026