Issue - meetings

Asset Management Strategy and Property Review

Meeting: 29/10/2024 - Cabinet (Item 4)

4 Property Asset Management Strategy & Property Review pdf icon PDF 171 KB

Additional documents:

Minutes:

Background:

 

The report provided the Cabinet withan updated Property Asset Management Strategy (PAMS) which would help the Council meet the challenges of the CIPFA Resilience Review January 2024. This recommended that the Council should carry out a property review to identify surplus property assets.

 

Alongside the updated Strategy, the report also presented phase 1 of the resulting property review in relation to those non-operational property assets which had been identified as being suitable for being declared surplus, so that they could potentially be disposed of, following appropriate consultation with stakeholders, including the Council’s Corporate Landlord Board (CLB).

 

It was noted that all sites would be give careful consideration before any disposal decisions were made. Where communities considered that an asset had particular value, it was encouraged that these be submitted for possible inclusion on the register of Assets of Community Value. It was also noted that Medway Council was not required to publish the assets that would be considered for disposal but it had chosen to do so to ensure full transparency.

 

The report had previously been considered by the Regeneration, Culture and Environment Overview and Scrutiny Committee on 10 October 2024 and its comments were set out in section 9 of the report.

 

A Diversity Impact Assessment had been undertaken and was attached at Appendix 2 to the report.

Plans of the properties located in Medway were attached to the report at Appendix 3, and an Exempt Appendix 1 to the report, contained further details of all properties recommended for disposal.

Decision

number:

 

Decision:

 

 

The Cabinet noted the comments of the Regeneration, Culture and Environment Overview and Scrutiny Committee, as set out in section 9 of the report.  

128/2024

The Cabinet agreed the updated Property Asset Management Strategy (PAMS), as set out in Appendix 1 to the report.

129/2024

The Cabinet declared the following non-operational properties surplus [as set out in decision Nos 129a/2024 to 129ac/2024], and agreed to delegate authority to the Director of Place in consultation with the Corporate Landlord Board (CLB), to agree the method of disposal for each property and to dispose of the properties in order to obtain the best price reasonably obtainable

129a/2024

Land to the South- east of the end of Northdane Way, Lordswood

129b/2024

Land at 126-150 Chatham Hill

129c/2024

Warren Wood Social Club, Rochester

129d/2024

Rainham District Shopping Centre

129e/2024

Industrial Estate - Railway Street, Gillingham

129f/2024

Indoor Bowls Club, Prince Arthur Road, Gillingham

129g/2024

Gillingham Business Park

129h/2024

Northbank House, Sir Thomas Longley Road, Rochester

129i/2024

Ground Floor Shop 23-25 High Street, Brompton

129j/2024

Britton Farm Shopping Centre, High Street, Gillingham

129k/2024

Former Fire Station and Public Toilets Arches, New Cut, Chatham

129l/2024

Unit 1 Court Farm Industrial Estate, Cwmbran, Gwent Wales

129m2024

Unit 1 Cherry Trees Court, Hemel Hempstead, Hertfordshire

129n/2024

Vantage Point, Holborough Road, Snodland, Kent

129o/2024

Eldon Road, Aycliffe Industrial Estate, Newton Aycliffe

129p/2024

Saxon Business Park, Bromsgrove, Worcestershire

129q/2024

Suffolk Business Park, Bury St Edmunds, Suffolk

129r/2024

Unit 5 Deans Industrial Estate, Livingstone, Scotland  ...  view the full minutes text for item 4