Decision details

Disposal of Ground Lease – Blackwell Telecoms Masts

Decision Maker: Director of Economic Growth and Neighbourhood Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The Council acquired land at Blackwell, with two mobile phone and telecommunication masts, in situ. The masts are under separate leases.

The existing operators of the masts pay a rental to the Council. However, due to changes in the telecommunication code there is likely to be a significant adverse effect on rental levels in the future.

Cabinet has agreed (Min C13/Jun/19 refers), a request from a specialist company who own and manage telecommunication sites to acquire the ground lease of the two masts.

Decision:

To dispose of the ground lease of land at Blackwell, the site of two telecom masts, to a specialist telecommunications company in order to maximise potential investment returns for the council; and to minimise management input in a specialised area and risks due to changing legislation.

Alternative options considered:

None.

Publication date: 23/03/2021

Date of decision: 11/06/2019