Decision details

Pump House Esplanade Southport

Decision Maker: Cabinet Member - Regulatory, Compliance and Corporate Services

Decision status: Awaiting Implementation

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To appraise the Cabinet Member on the outcome of the recent marketing exercise carried out for the former Pump House premises on the Esplanade adjacent to Kings Gardens in Southport. The Council shall, subject to the receipt of planning permission for the proposed use, enter into a Building Lease followed by a 125 years Lease with the Company submitting the highest offer.

 

Decision:

Decision(s):

 

(1) That the outcome of the marketing exercise be noted

 

(2) That subject to the receipt of planning permission the Council enters into a Building Lease followed by a 125 years Lease of the premises with the Company submitting the highest premium offer

 

(3) That the Chief Democratic and Legal Services Officer be authorised to complete the necessary legal documentation.

 

Reasons for the Decision(s):

 

1.    The premises have been advertised in the local press and on the Agent’s website together with national property websites so the premium offered meets best consideration requirements in accordance with Section 123 of the Local Government Act 1972 and complies with the competitive disposals aspect of the Asset Disposal Policy.

 

2.     Conversion to a community restaurant is in keeping with the aspirations for this area of Kings Gardens and the Southport Town Investment Plan. A previous planning permission for a restaurant use has recently lapsed.

 

3.     Redevelopment will bring underused premises back into productive use providing jobs and employment opportunities.

 

4.     Use of the premises will remove the repair maintenance and holding costs from the Council’s budgets.

 

5.     The grant of a long Lease falls within the approved delegations for Cabinet Member under the Asset Disposal Policy and Finance and Contract Procedure Rules

 

Alternative Options Considered and Rejected: (including any Risk Implications)

 

1.    The Council could retain the premises and continue to use for storage purposes. However this isn’t a productive use. The continuing deterioration of the premises represents a risk to occupiers if no works are undertaken. Significant capital expenditure is required to bring the premises up to a reasonable condition.

 

2.    Retention of the premises in their current condition would act as a blight to this area of Kings Gardens which has had significant funding in recent years.

 

Publication date: 26/11/2021

Date of decision: 26/11/2021

Effective from: 07/12/2021

Accompanying Documents: