Key information
Executive summary
This paper seeks approval for the disposal of and marketing for sale of a surplus site in Ponton Rd in order to generate capital receipts to support the future capital investment programme and reduce running costs.
Recommendation
The DMPC is asked to approve the disposal and marketing for sale of the site at Ponton Road, Nine Elms
Non-confidential facts and advice to the Deputy Mayor for Policing and Crime (DMPC)
1. Introduction and background
1.1. In accordance with MOPAC Scheme of Delegation and Consent the disposal of all properties with an estimated value of £1m or above require MOPAC approval on a case by case basis before the property is marketed.
1.2. The 2017/18 Capital Programme assumes capital receipt funding of £274m.
2. Issues for consideration
2.1 The site at Ponton Road is scheduled to become surplus with its function transferring to the site at Crabtree Manorway/Belvedere which is currently under development. The property has no public facing functions.
2.2 Bidders should have regard to the local council’s (Wandsworth) published Core Strategy policy available at http://www.wandsworth.gov.uk/info/1004/planning_policy/1366/local_plan They should also have regard to the Mayor’s Supplementary Planning Guidance (SPG), the draft London Housing Strategy - describing the Mayor’s commitment to a long-term strategic target for half of new homes built to be genuinely affordable, and the to be published draft Replacement London Plan. The outcome of affordable housing on the site will be subject to the Local Planning Authority’s final planning decisions.
2.3 Parties are encouraged to review the GLA funding available for the provision of affordable housing through the Mayor's 'Homes for Londoners: Affordable Homes Programme 2016-2021'. Further details can be found at /sites/default/files/homesforlondoners-affordablehomesprogrammefundingguidance.pdf
3. Financial Comments
3.1. The site is expected to generate a capital receipt which will contribute to the funding of the capital programme.
3.2. The revenue costs expected to be saved in a full year for the site is £464k.
4. Legal Comments
4.1. There are no direct legal implications arising from the recommendations contained within this report, which seeks approval for the sale of surplus properties and the early surrender of leases detailed above and in Part 2.
4.2. MOPAC has the power to dispose of surplus properties (including land) under paragraph 7 (2) (b) of Schedule 3 of the Police Reform and Social Responsibility Act 2011 (“the Act”).
4.3. The Commissioner may also do anything which is calculated to facilitate, or is conducive or incidental to acquiring and disposing of property (apart from land) but only with the consent of MOPAC under paragraph 4 (2) (b) of Schedule 4 of the Act.
4.4. The report confirms that the disposals will generate capital receipts that will assist MOPAC in securing the maintenance of the MPS and ensure that it is efficient and effective.
5. Equality Comments
5.1. There are considered to be no equality or diversity issues arising as a result of these proposed disposal.
6. Background/supporting papers
Appendix 1 – MPS Report
Signed decision document
pcd 264