Decision details

Disposal of Property at Mount Pleasant Sharrow Lane Sheffield

Decision status: Item Called In

Is Key decision?: Yes

Purpose:

This report seeks authority to sell the Mount Pleasant and Hub Buildings on Sharrow Lane. This sale will achieve the preservation and enhancement of the buildings, enabling the Council to achieve a capital receipt, and securing the long term, maintenance of grade II * Listed Buildings.

Decision:

That the Chief Property Officer and the Director of Legal and Governance be authorised to negotiate final sale terms and enter into all necessary legal documentation to facilitate the disposal of Mount Pleasant and Hub Buildings on Sharrow Lane to Hermes Care.

Reasons for the decision:

The bid will sustain the long term future of the listed building, delivers wider community benefits, is financially viable and achievable with Hermes. It is anticipated that planning will be submitted quickly.

 

Alternative options considered:

1)         Reject all offers and engage architects to work up an alternative viable scheme and remarket - This would require capital funding and SCC would need to cover holding costs for a further 12 months.

2)         Retain Guardians on site to manage the Property - Continued occupation of the building by the Guardians is not financially viable.

Publication date: 23/02/2018

Date of decision: 23/02/2018

Issue status: The decision is currently being reconsidered

Accompanying Documents: