Decision Maker: Deputy Chief Executive - Graham Ebers
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Bid up to a max price with intention of
securing (but not guaranteeing) purchase of the property:
17-25 London Rd Twyford RG10 9EH (including Tesco Express)
Maximum Price: £2.10m
(plus associated transaction costs).
To add to the Council’s control of a key
long term regeneration site in the heart of Twyford town centre
adjoining the Council’s ownership of Waitrose and to deliver
the Councils property investment policy.
Do not purchase, do not spend money, do not
secure revenue and community benefits, do not enhance regeneration
options.
Reduce purchase price/terms and expect seller to sell elsewhere on
better terms in competitive marketplace.
Wards Affected: Twyford;
Dispensations: N/A
Other reasons / organisations consulted
None
Contact: Graham Ebers Email: graham.ebers@wokingham.gov.uk Tel: 0118 974 6557.
Publication date: 09/09/2020
Date of decision: 23/06/2020