Decision details

Strategic Acquisition of property known as Maylord Shopping Centre in Herefordshire

Decision Maker: Director of Economy and Place

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The decision taken was to approve the strategic purchase of a site in the central ward within the defined budget has been approved on the basis that Heads of Terms have been agreed, due diligence has been completed and the purchase provides value for money.

The proposed purchase will be a strategic acquisition which would support the council's policies in respect of economic growth and enable the council to plan for any future demand or development opportunity that may arise in line with the cabinet's county plan objectives

Contact: Nigel Thomas, Senior Project Manager Email: Nigel.Thomas@herefordshire.gov.uk.

Publication date: 23/06/2020

Date of decision: 23/06/2020

Accompanying Documents: