Decision details

To consider the report of the Leader of the Council seeking approval for the sale of Villiers Road Depot and land at Southern Road adjacent to Hampshire Police headquarters.

(i)  To approve the sale of the Villiers Road Depot and land at Southern Road as shown in Appendices 1 and 2;

(ii)  To delegate authority to Head of Property to agree the final price and other terms with the proposed purchasers and in the event that the offers are withdrawn or no longer remain best consideration to agree terms with an alternative purchaser and to continue such process as necessary, including re-marketing the property if necessary; and

(iii)  To authorise Head of Property to take any further action necessary to give effect to this decision.

1.  There is no service or strategic need for retention of the properties. Their sale will generate a significant capital receipt.

2.  Sale of the Southern Road site will assist the Hampshire Police Authority in its future operations to the benefit of Southampton.

Market the sites on the open market rather than dealing exclusively with the Police and the proposed purchaser of Shirley depot and police station. This is not recommended because it is considered highly unlikely that the capital receipt will be bettered and a marketing process will extend the date by which a completion can be achieved and bring added uncertainty into the process.