Decision details

This report sets out proposals to acquire flat 21 Prince Of Wales Close, Hendon for the HendonHub redevelopmentas partof theland assemblyof theprivately owned landwithin the red line of the proposed development.

The proposed acquisition is a one-bedroom flat held leasehold with circa 97 years remaining,where LBBare thefreeholder. The flatis currentlyoccupied undera 12-month fixed term assured shorthold tenancy expiring in September 2022. The property will be purchased with vacant possessions.

The current owner is keen to complete the sale as she has found an alternative property and is in a chain, where other parties are looking to complete in May 2022. We are thereforeseeking toinstruct solicitorsas soonas possibleso not tolose theopportunity to purchasethis flatvia privateagreement. The agreed/targetsimultaneous exchange/completion date is to be 20th May 2022 or sooner if possible.