Decision details

This report seeks approval for the transfer of a freehold transfer to Marlborough Town Council at nil value (being considered as “best consideration”).

I approve the transfer of a freehold transfer to Marlborough Town Council as set out in this report.

This decision was published on 4 March 2024, and will come into effect on 12 March 2024.

On the basis that the site would be included in any SDAT discussions and that a RICS Registered Valuer has confirmed that transfer at nil value is best consideration, the request is being considered outside of the Service Devolution & Asset Transfer.

Wiltshire Council could continue the existing arrangement; this would mean having to grant further leases in the future, thus not recommended.

Wiltshire Council could seek to include this in a wider Service Devolution and Asset Transfer discussion; this would take a significant amount of time and resource to resolve. The asset would be included in the assets for transfer under the Policy, at nil value, thus achieves the same outcome of this decision and not recommended.

This request has been received from the Town Council and as such joint elected Members are aware of the proposal. In addition, the local elected member has been informed.