Decision details

The Finance Sub Committee, at its meeting on 9 January 2025, considered a report which requested permission to proceed with the freehold disposal of the Site (Leighton Green, Crewe) to a developer. The Committee noted that the Site was a residential development site with the benefit of outline planning permission for development of up to 400 dwellings. Any sale of the Site would generate a significant capital receipt (conditional on planning). 

Finance Sub Committee 9 Jan 2025   Disposal of Residential Land at Leighton Green, Crewe

The developer’s offer was subject to pre-contract technical due diligence in the form of confirmatory surveys (e.g. intrusive ground investigation surveys), finalising development layouts/design with the Local Planning Authority (Planning Permission) and securing energy supply power supply for the site.

The developer has completed the above due diligence (where able to) and terms of the sale have now been agreed.

Formal approval is required to enter into the sale agreements.

To complete all legal documentation required to complete the disposal of the residential development site at Leighton Green, Crewe as shown in Appendix I to the Officer Decision Record.

To vary the existing exclusivity agreement between Cheshire East Council and Named Party by extending the end date to 31st March 2026 in respect of the residential development site at Leighton Green, Crewe.