That:

a)    The purchase of the freehold of the land set out in appendix 5 is approved subject to completion of all due diligence process and the Chief Finance Officer being satisfied that the purchase provides value for money;

b)    A budget of up to £400k is agreed to complete the purchase and all other associated fees; and

c)    The Chief Finance Officer, following consultation with the Cabinet Member Commissioning, Procurement and Assets, be authorised to take all operational decisions to complete the purchase.