Decision details

Decision details

Long Leasehold disposal of 30-32 Shudehill & 1-3 Nicholas Croft, M4 1FR (2020/05/22A)

Decision Maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the acquisition of Freehold of 1-3 Back Turner Street and subsequent disposal of Long Leasehold of the same plus 30-32 Shudehill & 1-3 Nicholas Croft

Decision:

The Chief Executive approves the disposal of a 250 year Lease to BTS NQ Limited of 30 – 32 Shudehill, 1 – 3 Nicholas Croft and 1-5 Back Turner Street, in order to facilitate the redevelopment and improve a vacant and derelict area of the City Centre. 

Publication date: 19/01/2021

Date of decision: 14/12/2020

Effective from: 27/01/2021

Accompanying Documents: