URL: https://mygov.elmbridge.gov.uk/ieDecisionDetails.aspx?ID=656

Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose:

Content: RESOLVED that   1.       the freehold sale of Rentwood, School Lane, Fetcham, KT22 9JX and 37 School Lane, Fetcham, KT22 9JX, to the party, at the price and subject to the terms set out in exempt Appendix A of the report, be approved;   2.       in accordance with approval from the Halsey Garton Residential (HGR) Ltd. Board, the surrender of the headlease interest affecting 37 School Lane, held by HGR, be approved, and it be noted that an associated premium will be payable from the gross capital receipt and that there is debt aligned to this asset, with parties bearing their own costs and appointments of their own professional team, as set out within exempt Appendix A of the report;   3.       authority be delegated to Surrey County Council’s Deputy Chief Executive and Executive Director of Resources (s151 Officer), in consultation with Surrey County Council’s Director of Land & Property and Surrey County Council’s Cabinet Member for Property, Waste and Infrastructure, to finalise the transaction and enter into all associated legal agreements necessary to implement the transaction on the terms set out in Exempt Appendix A of the report; and   4.       it be noted that Surrey County Council’s Cabinet previously endorsed rationalisation of the surplus estate and on 28 July 2026 declared the assets formally surplus to operational requirements under Surrey County Council’s Constitution with 37 School Lane having previously been declared surplus to operational requirements by Surrey County Council’s Strategic Investment Board (SIB) on 16 June 2025.

Date of Decision: September 14, 2026