Decision details

The Director, Corporate Estates presented the report, which sought authority to acquire the Freehold interest of land and buildings at Willowford House, Willowford Road, Gwaelod -Y -Garth, Taffs Well, comprising a residential property and land immediately adjacent, being primarily woodland which is located in a key position adjacent the Willowford Road to facilitate the development of a new railway halt.

Following discussion, the Cabinet RESOLVED:

1.     To purchase the Freehold interest of approximately 1.56 Ha / 3.87 acres of land at Willowford House, Willowford Road, Gwaelod- Y -Garth, Taffs Well, for a purchase price of £550K plus Land Transaction Tax of £21.2K. In addition, Compensation costs of £88K will also be payable in accordance with the Compensation Code, resulting in a total acquisition cost of £659K.