To approve the sale of the former records office, Harold Street, Hereford to Hereford Cathedral School at open market value.

This disposal route represents the most cost effective method for the council to realise the value of the asset.

The property is vacant and has been declared surplus to operational service delivery use.

Retain property and refurbish for an internal user – no use has been identified for either a council or commissioning service.

Retain property and refurbish for commercial use – given the location and building configuration this option represents considerable work and requires a capital investment that is only likely to be realised in the very long term.  This approach is also not in accordance with the current disposal policy.

Instruct selling agents to market the property on the open market – there is no guarantee that a higher value will be achieved and there is likely to be significant delay in disposal resulting in the council incurring greater costs than by the recommended disposal route.