Issue details

To purchase the offices at 16-20 Lincoln Road, Peterborough PE1 2RL at a cost set out in the annex

The above property is being purchased for its strategic position in the city centre (which is important for future redevelopment) and will in the short term provide rental income to PCC.

Decision type: Key

Decision status: Abandoned

Wards affected: Central;

Notice of proposed decision first published: 15/03/2019

Decision due: September 2019 by Cabinet Member for Finance

Lead member: Councillor David Seaton, Cabinet Member for Finance

Lead director: Executive Director Place and Economy

Department: Place and Economy

Contact: Tristram Hill, Strategic Asset Manager Tristram Hill, Strategic Asset Manager, NPS, email: tel: 07849 079787

Consultation process

Relevant internal and external stakeholders.

NPS are acting for PCC in the acquisition of this commercial property. All the relevant internal stakeholders for example in democratic services, legal, finance and property will be consulted in this process.

Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee