Decision 33/2023 – Disposal of three former police houses

This decision was previously marked as ‘Official Sensitive’, meaning it contains information that was not previously suitable for publication. Sales have now been completed and it can be published into the public record.


Author and Job Role:                Kelvin Menon – OPCC Treasurer

Protective Marking:                   OFFICIAL – SENSITIVE (until all sales are complete)

To approve the disposal of three former Police Houses as considered surplus to requirements. 

Background

The Surrey Housing Strategy was approved in April 2023. One of its key aims in the delivery of affordable key worker accommodation for new staff and officers across the county.

The current housing stock requires investment and there is also a need to develop new modern sustainable accommodation to meet the needs of younger officers and staff.

11 properties are vacant and are being sold in order to enable the remaining stock to be modernised. This decision relates to the second tranche or 3 properties to be sold.

All three properties were valued by our advisors Vail Williams as well as local estate agents and offered on the open market. This included advertising by local agents as well as on property websites, such as Rightmove, and the erection of a “for sale” board at the property.

Vail Williams conducted due diligence on the offers received which took account of the bidder’s ability to raise the money required, whether they had a property to sell and the speed of completion. Following this review of bids, the agents made a recommendation to the PCC as to which offers should be accepted. They also confirmed that these offers delivered best value for the PCC.

These are as follows:

Property DescriptionOffer recommended
6 Spital Heath Dorking£91,000
5 Oak Tree Road, Knaphill£445,500
1 Bretlands Road, Chertsey£405,000

It is recommended that the PCC agrees to the sale of 3 Police Houses as set out below on an unconditional basis subject to contract.

Property DescriptionOffer recommendedBidder
6 Spital Heath Dorking£91,000RB
5 Oak Tree Road, Knaphill£445,500W
1 Bretlands Road, Chertsey£405,000F

I approve the recommendation(s):

Signature: PCC Lisa Townsend

Date:  22/11/23

All decisions must be added to the decision register.

Consultation

None

Financial implications

The disposal of the site will generate a capital receipt.

Legal

Contract documentation will be produced in due course.

Risks

The prospective purchase may withdraw from the sale.

Equality and diversity

None.

Risks to human rights

None