Decision details

Acceptance of offer for freehold sale of 18/18a Upper Borough Walls, Bath

Decision Maker: Director of Regeneration & Housing

Decision status: Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The appointed Agent undertook a marketing campaign which resulted in offers received .

After discussion with the Agent, their recommendation was to focus only on the top two bids.

Agent recommendation was to seek clarity on the top two bids to make a fully informed decision.

Agents recommendation then to proceed with best offer.



Decision:

Proceed with the highest bid recommended by appointed Agent. Proof of finance received and due diligence regarding bid undertaken.

Alternative options considered:

Option 1 - Proceed with best offer.
Option 2 - Consider other offers.

Publication date: 19/10/2023

Date of decision: 19/10/2023