Decisions for issue Patcham Court Farm site – Long leasehold disposal for commercial development.

(1)         That Cabinet approves:

(a)       The disposal of the site to Bidder A on a long lease of 125 years at a premium for a mixed hotel and office development subject to planning.

(b)       Continuing discussions with Bidder B or any of the other bidders, or other parties which may come forward, in the event that the terms are not concluded.

(2)         That Cabinet notes the letter of 17 February 2011 from DMH Stallard.