Document Disposal of 7 Ceylon Road Westcliff on Sea
Library home - Officer Decisions taken in accordance with Council Procedure Rule 46
Disposal of 7 Ceylon Road Westcliff on Sea
The Director of Finance and Resources authorised:
The sale, by auction, of the above-mentioned property which comprises two flats, with a recommended reserve of £300,000. The property is held under the general fund and which does not form part of the normal housing stock. The capital generated will be used to pay-down borrowing debt and assist with the Council’s capital receipts generation target.
(Reported to Cabinet at its meeting on 18th September 2018)