Decisions for issue Charter House Hotel - Proposed Future Options
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Charter House Hotel - Proposed Future Options
21/09/2009 - Charter House Hotel - Disposal
1. That Cabinet approves and authorises:
(a) The disposal of the Charter Hotel on a 150 year lease to a successful bidder for a premium and a peppercorn rent, following a marketing exercise, full evaluation of informal bids and recommendations by the council’s appointed agents.
(b) That once offers have been evaluated a further report will be prepared to enable Cabinet to consider the proposals, select a preferred developer and authorise the detailed terms to be settled by the Director of Finance & Resources and the Solicitor to the Council.