Issue details

The key principles of the Asset Management Strategy, and an update on those work flows as identified previously by the Asset Management Strategy split into the commercial portfolio; the operational estate and community assets.
The report details a number of proposed property led proposals delivering strategic and financial benefits to the council.

The Executive will be asked to
a) Note the performance of the council’s property estate and the annual revenue it provides.
b) Note the performance against the specific workflows, including disposals, as previously set out in the previous Strategy and the re-shaping of the operational estate at West Offices to provide additional annual revenue.
c) Note the performance and role the estate has played in helping to reduce the council’s carbon footprint.
d) Note and agree the principles of the Strategy which will form the Corporate Asset Strategy for the next 5 years, 2026-2031;
e) Agree to:
(I) the sale of 25/27 Coney Street and lease back of part on a 999-year lease;
(II) the lease of approximately 0.13 acres of land at the Community Stadium for 20 years;
(III) the grant of a lease renewal at 17-21 Piccadilly;
(IV) lease the various City Council owned allotments, as detailed within the report to York Allotment Charitable Incorporated Organisation (YACIO) for 35 years at a peppercorn rental;
(V) lease Bustardthorpe Allotments, Bishopthorpe Road, to Bustardthorpe Allotment Association for 35 years at a peppercorn rental;
(VI) lease the store and outdoor space in Rowntree Park maintenance depot to York Canoe Club for 15 years at a peppercorn rental;
(VII) lease the garage in Rowntree Park to the Friends of Rowntree Park for 15 years at a peppercorn rental;
(VIII) lease of the Rowntree Park Lodge Garden to the Friends of Rowntree Park for 99 years at a peppercorn rental subject to the Friends meeting the requirement of original lease for the upper floors;
(IX) lease the land at York Road, Strensall to Strensall and Towthorpe Parish Council for 70 years at a peppercorn rental; and
(X) lease the land in Hull Road Park to Choose 2 Youth for 10 years at a peppercorn rental,
all on the terms and conditions to be outlined in the report;
f) Delegate to the Director of Finance (in consultation with the Director of Governance) authority to take such steps as are necessary to agree and complete the above transactions as detailed in this report; and
g) Delegate to the Director of Finance (in consultation with the Director of Governance and the Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion) authority to acquire and dispose of all interests in land.

Background documents available on ModGov
Executive November 2025 – Neighbourhood Model, Implementation Phase

Executive Combined Member Decision session 4th November 2025 – Heritage Programme

Executive October 2025 Delivering More Affordable Housing in York – Update on the Housing Delivery Programme

Executive 18 July 2024 Update on the Housing Delivery Programme and the Disposal of Surplus Sites

Executive 26 November 2020 - Update on the Asset Management Strategy
Executive 28 November 2019 - Establishing an investment budget for a strategic commercial property acquisition
Executive 19th October 2017 – Future Management of Allotments