Decision details

Councillor Eamonn O’Brien, the Leader of the Council and Cabinet Member for Finance and Growth, presented the Part A report regarding the sale of the former Bury Fire Station on The Rock site, the Part B report containing information that is exempt from disclosure, being later in the agenda.

Decision:

That Cabinet:

1.   Give approval to progress the sale of the site to the preferred bidder.

2.   Agree a delegation to the Director of Economic Regeneration and Capital Growth to agree a detailed head of terms in consultation with the Cabinet Member for Finance & Growth and the Monitoring Officer.

Reasons for the decision:

The sale of the site would:

·         Bring forward the development of a key gateway site in northeast of the town centre.

·         Provide a capital receipt for the Council.

·         Provide on-going Business Rate revenue.

·         Remove the risks associated with holding a vacant site.

Other options considered and rejected:

None – this site was identified as one of the Phase 1 properties in the Accelerated Land and Property Disposals Programme approved by Cabinet at their meeting on 24 March 2021.