Property Management and Valuations
The Property Management and Valuations Team provide a range of services related to the council’s land and property portfolio.
The
Property Management side of the team is the focus of all landlord and
tenant issues, including applications to purchase, lease or rent lend or
property belonging to the council. They also deal with encroachments
onto council land and the release of restrictive covenants.
The
Property Management & Valuations Team also includes a team of
Surveyors who carry out valuations and surveys of council land and
property for a variety of reasons, including valuations for existing
use, investigating possible alternative uses, to ascertain open market
value, for insurance purposes and for reinstatement purposes. For the
Finance department they re-value 1/5 of the council’s land and property
assets each year, between January and March.
Main areas covered are;
- Letting
commercial property owned by the Council. Normally shops, on the open
market, at terms and conditions as advertised, subject to contract.
- Acquisition of land and property using a Compulsory Purchase Order, for either regeneration or planning ground.
- The Council acquiring privately-owned land or property through voluntary acquisition rather than compulsory purchase.
Other areas covered by the team are acquisitions, disposals, council accommodation and compulsory purchase orders.
[Information on Commercial Property available here]
