Decision details

Acceptance of offer for freehold sale of 94-96 Walcot Street, Bath

Decision Maker: Director of Capital & Housing Delivery

Decision status: Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The freehold interest in the subject property has been fully marketed resulting in an invitation for informal best bids by the agent.
8 bids were received with a recommendation to proceed with the party submitting the highest bid by the agent.
A DRF has been approved in respect of this sale.

Decision:

Accept the highest offer received and progress the freehold sale.

Alternative options considered:

Option 1 - Auction sale
Option 2 - Private Treaty sale

Publication date: 25/03/2024

Date of decision: 22/03/2024