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.