CCBC's Cabinet voted today to adopt a new strategy towards dilapidated buildings in the County. Will the first recipients of this new policy be the Pier Pavilion site and the Tudno Castle Hotel?
General Policy and Procedures for the Use of Powers under Part III Law
of Property Act 1925 and Local Land Charges Act 19751. Introduction
1.1 The above measures give powers to a Local Authority to ‘sell on’
property or land to a new owner of there is an unwillingness or inability
to resolve problems caused by the property and its condition.
1.2 The powers conferred by Section 103 of the Law of Property Act 1925
can be used to recover debts owed to the Council. The measure
allows a Council to require the sale of a property on the open market.
The Act can be utilised in relation to empty properties, land,
commercial properties and occupied dwellinghouses.
1.3 The method of sale must ensure that the property is not sold at below a
reasonable market price and the sale is competitive in relation to an
identified valuation. A sale should therefore normally be supported by
independent valuations, including a valuation by the District Valuer.
The method of sale can be to a preferred purchaser or by auction as
long as the sale is completed at a value that corresponds or is above
the independent valuation.
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