Decision Maker: Cabinet Member for Finance and Council Reform
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
WCC own a long leasehold interest in a circa 5.5 acre distribution warehouse site on Mandela Way in the London Borough of Southwark. The lease contains an option for WCC to acquire the freehold interest in the site for £1.
Summary of decision
The Cabinet Member for Finance and Council Reform has approved the option to acquire the freehold interest in the WCC leased site at Mandela Way for £1.
Reasons for decision
Under the WCC constitution, Cabinet Member approval is required to acquire a freehold interest in land.
Publication date: 08/07/2022
Date of decision: 08/07/2022