Decision details

Disposal of Land adjacent to Adlington Business Park, off London Road, Adlington

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To duly and properly consider the offers received following the completion of marketing operations in relation to the Land adjacent to Adlington Business Park, off London Road, Adlington. This report seeks a decision to proceed with the freehold disposal of the land to an SPV of Carbide Properties Ltd.

Decisions:

Cabinet considered the report on the proposed disposal of land at Adlington Business Park, noting the outcome of the marketing exercise and that a preferred bidder had been identified following a competitive process. Members acknowledged that the disposal would deliver a significant capital receipt and support the delivery of employment development in line with the Local Plan.

 

RESOLVED (unanimously):

 

That the Cabinet

 

  1. Delegate authority to the Executive Director Place in consultation with the relevant Cabinet Member to dispose of the Site on terms and conditions to be agreed in consultation with the Director of Law and Governance and the Executive Director of Resources (S151).

 

  1. Delegate authority to the Executive Director Place, in consultation with the Director of Law and Governance and the Executive Director of Resources (S151); to complete all legal documentation required to complete the disposal of the site.

Report author: Lee Beckett

Publication date: 14/07/2026

Date of decision: 02/07/2026

Decided at meeting: 02/07/2026 - Cabinet

Effective from: 14/07/2026

Accompanying Documents: