Strategic Acquisition of property known as Maylord Shopping Centre in Herefordshire
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
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 23/06/2020
Decision due: 23 June 2020 by Director of Economy and Place
Contact: Nigel Thomas, Senior Project Manager Email: Nigel.Thomas@herefordshire.gov.uk.