Issue - meetings

This report seeks an Executive decision to select the highest bidder for the disposal of the former Older Persons Home at Grove House. This follows Executive agreement on 29 October 2015 to sell the site to generate a capital receipt to support the wider Older Persons Accommodation Programme.

Resolved:  That Executive approve the sale of Grove House to Norstar Real Estates Limited as the highest bidder for the property.

Reason:     To achieve the best consideration for the Grove House site, and facilitate the investment in the Older Persons Accommodation Programme.

The Executive considered a report which sought approval to select the highest bidder for the disposal of the former 45 bed Older Persons Home at Grove House, which closed on 31 March 2016.

Members considered the summary of bids received and noted the need for the council to achieve a maximum capital receipt from the sale of Grove House to support the wider Older Persons’ Accommodation Programme. Members also noted that the bid proposed to make affordable housing provision and that this would be considered as part of any planning application.

Officers confirmed that any bid would be subject to obtaining planning permission and detailed the provisions of the conditional sales contract.

Members, including the Ward Member, welcomed the sale and proposed conversion of the existing building to 29 one bedroomed flats, particularly as this would provide a modest housing development in keeping with the local neighbourhood.

Resolved:  That Executive approve the sale of Grove House to Norstar Real Estates Limited as the highest bidder for the property. ^1.

Reason:     To achieve the best consideration for the Grove House site, and facilitate the investment in the Older Persons Accommodation Programme.