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Issue - meetings

Letting of the former NCP underground car park, Skinner Street, London EC1

Meeting: 24/11/2022 - Executive (Item 55)

55 Letting of the former NCP underground car park, Skinner Street, London EC1 pdf icon PDF 428 KB

Additional documents:

Decision:

AGREED RECOMMENDATION

 

Reasons for the decision – as detailed in the report

Other options considered – as detailed in the report

Conflicts of interest / dispensations granted – none

 

Minutes:

The report was introduced by the Executive Member for Homes and Communities.

 

RESOLVED:

That the Corporate Director for Community Wealth Building be authorised to enter into an agreement for the lease and subsequent lease of the freehold of an ex-car park under one of its housing schemes on Skinner Street in Clerkenwell which, subject to the grant of planning consent, was to be used for self storage, on the terms set out in exempt Appendix 1, together with delegation to amend any such reasonable matters during the completion of the necessary paperwork.

 

Reasons for the decision

To generate substantial long-term income for the HRA from non-operational property assets for reinvestment in social housing and to create opportunities to support both residents and the local business community with storage opportunities in the vicinity.

 

Other options considered – as detailed in the report

 

Conflicts of interest / dispensations granted – none