Decision

URL: https://bradford.moderngov.co.uk/ieDecisionDetails.aspx?ID=7704

Decision Maker: Interim Strategic Director Corporate Resources/S.151

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Purpose: The decision to dispose to the recommended purchaser will enable the disposal to progress in an important timely manner. Having been through a three-month marketing process culminating in receiving an offer significantly above the expected guide, it is imperative that the offer is progressed to instructing solicitors without delay since there is a real risk that the offer could be withdrawn or reduced if delayed until the July forward plan publication. Consequently, the risk to the Council is that it will be unable to realise an offer at the same level should this sale fail to proceed. It would therefore be impracticable to defer the decision until it has been included in the published Forward Plan in July as to do so would mean the earliest the decision could be taken is August 2026.

Content:

Date of Decision: July 6, 2026