Disposal of a land parcel at Haugh Road, Hereford Enterprise Zone, Rotherwas
Compliance with approved council policy.
To facilitate the growth of existing Herefordshire business.
Deliver private sector investment and job creation in the EZ which will boost confidence and interest from others and help generate further private sector investment and job creation.
Following the award of enterprise zone status in August 2011 approximately 45 hectares (110 acres) of council owned land was included, along with other privately owned land, in the designated EZ.
All the EZ land is being actively marketed, and is being sold according to independent land valuations and the EZ Land Disposal Policy which was approved by cabinet member on 7 January 2016.
Sustained progress has been achieved with well over 50 acres sold to date.
The sale of the land is on a freehold basis. The purchaser will not accept or proceed with the purchase on any other basis.
This sale has the full endorsement of the Hereford Enterprise Zone Board.
The sale is to a local business who wishes to develop small scale business units for rent.
The decision to sell this plot supports council policy to use capital receipts from sale of land within the Enterprise Zone to fund the capital expenditure on installing necessary infrastructure across the site. The latest council decision to incur this expenditure is available via this link: http://councillors.herefordshire.gov.uk/ieDecisionDetails.aspx?ID=6182
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 14/01/2022
Decision due: 14 January 2022 by Corporate Director – Economy & Environment
Contact: Neil Taylor, Interim director of economy and place Email: Neil.Taylor@herefordshire.gov.uk Tel: 01432 260921.