Government of Jersey

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A decision made (28/11/2007) regarding: 17 - 19 Devonshire Place, St. Helier - Proposed Sale.

Decision Reference: MD-PH-2007-0095
Decision Summary Title :	DS – 17 & 19 Devonshire Place, St Helier – Proposed Sale		Date of Decision Summary:	19/11/07
Decision Summary Author:	Amy Vibert – Building Surveyor		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	WR – 17 & 19 Devonshire Place, St Helier – Proposed Sale		Date of Written Report:	19/11/07
Written Report Author:	Amy Vibert – Building Surveyor		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: 11/857 & 15/856 - 17 & 19 Devonshire Place, St Helier – Proposed Sale
Decision(s): 1. The Minister approved, as recommended by Property Holdings, the transfer of administration of 19 Devonshire Place from Property Holdings to the Housing Department and having noted the comments in the report, accepted the recommendation of the Minister for Housing for the sale of 17 and 19 Devonshire Place, St Helier to Mr Michael John Neville and Mrs Maureen Neville née Parsons at the full asking price of £200,000 and £225,000 respectively, as approved in MD-H-2007-0076 dated 25 October 2007. 2. Under Standing Order 168 (5) the Minister hereby authorised the Attorney General and the Greffier to pass any contract which is required to be passed on behalf of the Public.
Reason(s) for Decision: Under Standing Order 168 (1) (a) and 168 (2) (a) and (b) the Minister is required to accept the recommendation of a body established by the States to manage land and buildings owned by the public of Jersey in respect of the disposal of land.
Resource Implications: The Housing Department will receive a capital receipt as identified, whilst foregoing a rental in respect of the above property. The resultant funds will be directed to HYC029.120410.
Action required: 1. The Director of Property Holdings is to instruct the Attorney General and the Greffier to pass the necessary contract, and to copy this decision to the Minister, Treasurer and Deputy Treasurer.
Signature: Deputy J A N Le Fondré		Position: (Assistant Minister)* MD-PH-2007-0095
Date Signed:		Date of Decision (If different from Date Signed):

17 - 19 Devonshire Place, St. Helier - Proposed Sale.

TREASURY AND RESOURCES DEPARTMENT

PROPERTY HOLDINGS

Property Transaction for Ministerial Decision - Minister for Treasury and Resources

17 & 19 Devonshire Place, St Helier – Proposed Sale

AV 11/857 & 15/856

Purpose

To seek approval from the Minister to the transfer of administration of 19 Devonshire Place from Property Holdings to the Housing Department and the sale of 17 and 19 Devonshire Place on the open market.

Background

On 17 July 2007 the States approved P6.2007 The Social Housing Property Plan 2007-2016. That decision empowered the Housing Department to sell a number of non-core properties on the open market. On 25 October 2007 the Minister for Housing approved MD-H-2007-0076 for the sale of 17 and 19 Devonshire Place.

Current Situation

The Minister for Housing seeks the acceptance of the Minister for Treasury and Resources to the transfer of administration and to the terms and conditions which have been agreed between the Housing Department on behalf of the Public and the prospective purchaser.

The market valuation of 17 Devonshire Place was placed at £200,000 and £225,000 for 19 Devonshire Place. The prospective purchasers Mr Michael John Neville and Mrs Maureen Neville née Parsons have offered the full asking price and are cash purchasers with no onward chain.

The parties will pay their own costs in relation to this transaction.

Recommendation

It is recommended that the decision of the Minister for Housing is accepted.

Written By: Amy Vibert

Signature …………………………

Authorised By: Paul Tucker

Signature ………………………… 19 November 2007