Decision - Asset Strategy

Brighton and Hove Cabinet Decided 16 Jul 2026 approved Key decision GET /api/coverage

Decision maker

Cabinet

Report author

Julian Salmon

Published

17 Jul 2026

Reference

7654

As published

the council's own words, unedited

This report makes proposals to support the strategic management of the council's commercial and operational properties in accordance with its Asset Management Plan and Medium-Term Financial Strategy.

1) Cabinet agrees to the disposal of the assets identified at paragraphs 3.3- 3.20 of this report and the Part 2 report in the manner set out in the reports. 2) Cabinet delegates authority to the Director Property & Finance in consultation with the Cabinet Member for Finance and City Regeneration to approve terms and take any necessary steps to facilitate and complete the disposals of the properties identified and achieve best consideration. 3) Cabinet notes the work ongoing to ensure there is sufficient space available for creative and cultural industry in the city.

Parsed from the document

gpt-5.6-luna-2026-07-09 · 5762/1548 tokens · 14170ms · parsed 8 Sep 2026 11:31

Everything below was read out of a PDF by a model It is useful and it is not authoritative. The document it came from is linked in the rail, and where the two disagree the document is right.

The report proposes disposing of a range of council-owned operational, commercial and agricultural properties to generate capital receipts, reduce ongoing costs and support the council’s financial strategy. It recommends marketing New England House for disposal rather than pursuing costly council-led redevelopment, while continuing to support creative workspace through other vacant council assets and wider regeneration opportunities.

Recommendation

Cabinet agrees to dispose of the assets identified in paragraphs 3.3–3.20 and the Part 2 report; delegates authority to the Director Property & Finance, in consultation with the Cabinet Member for Finance and City Regeneration, to approve terms and complete the disposals; and notes the ongoing work to ensure sufficient space for creative and cultural industry in the city.

Financial impact

The council requires approximately £55 million in net capital receipts; the proposed disposals will contribute towards this requirement. New England House redevelopment alternatives would cost an estimated £67 million to £97 million and create peak budget pressure of £15.8 million to £18.2 million.

Ward affected

city-wide

Decision maker

Cabinet

Date in document

16 Jul 2026

Stakeholders named

parsed

Council tenants and businesses affected by property disposalsCreative, cultural and digital businessesLocal arts and creative organisationsLocal residents interested in community food growingExisting agricultural tenantsFuture purchasers and development partners

Next steps

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The Director Property & Finance, in consultation with the Cabinet Member for Finance and City Regeneration, will approve terms and take the necessary steps to complete the disposals.
Market the identified properties for sale at best consideration, subject to required legal, planning and statutory consents.
Seek Secretary of State consent before disposing of Hove Park School - Valley Campus land.
Prepare a development brief for New England House and the wider New England area and seek external partners.
Begin marketing vacant workspace at Phoenix House, West Street and Lyndean House, Queens Road from mid-August 2026.
Continue work to provide creative and cultural workspace through vacant council commercial assets.

Precedents

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