Issue - meetings

Meeting: 02/03/2021 - Cabinet (Item 12)

12 Collins House & 30 Oxford Road pdf icon PDF 840 KB

Additional documents:

Decision:

Cabinet were asked to consider the disposal of the freeholds of Collins House and 30 -34 Oxford Road in High Wycombe for regeneration purposes.

 

RESOLVED-

1)        To dispose of the freehold of Collins House, Wycombe for redevelopment as affordable housing. 

2)        To facilitate the development of a new town centre building by Bucks Colleges, by way of the disposal of the freehold of 30 -34 Oxford Road, Wycombe to them.

3)        That the Director of Property and Assets be authorised, in consultation with the Cabinet Member for Property and Assets and the S151 Officer, to finalise detailed heads of terms for the disposal, agree the sale contracts, and to exchange and complete the disposal based on the heads of terms set out in the Confidential appendix.

Minutes:

J Chilver, Cabinet Member for Property and Assets, introduced the report which asked Cabinet to consider the disposal of the freeholds of Collins House and 30 -34 Oxford Road in High Wycombe for regeneration purposes.

 

Collins House and 30-34 Oxford Road were prominent vacant sites in Wycombe town centre, requiring redevelopment.  An offer had been received from a housing association to purchase Collins House, and to develop it for affordable housing.  An offer had also been received from Bucks Colleges to purchase 30-34 Oxford Road for redevelopment as their proposed new building.  Both sites were shown edged red on the plan in the Cabinet report (the blue triangle was highways land that was the subject of an old road improvement line).  Confirmation was being sort from Highways that it was surplus to requirements.  Detailed terms of the offers were set out in the Confidential Annex at Part 2 of the agenda.

 

Members discussed and were very supportive of the proposals.

 

RESOLVED –

1)                  To dispose of the freehold of Collins House, Wycombe for redevelopment as affordable housing.

2)                  To facilitate the development of a new town centre building by Bucks Colleges, by way of the disposal of the freehold of 30 -34 Oxford Road, Wycombe to them.

3)                  That the Director of Property and Assets be authorised, in consultation with the Cabinet Member for Property and Assets and the S151 Officer, to finalise detailed heads of terms for the disposal, agree the sale contracts, and to exchange and complete the disposal based on the heads of terms set out in the Confidential appendix.