Asset review opens opportunities for local committees and communities

5 July 2022
On Tuesday 12 July, Thurrock Council's Corporate Overview and Scrutiny committee is set to consider a paper discussing the future of several their properties. Members of the committee will hear of the success of the council's last asset release programme, which generated capital receipts totalling £9.3million in the 2021/22 financial year.
The council's '3R' policy – Release, Reuse, Retain – is reviewing and releasing a number of surplus and under-used properties wherever possible. This could be by private sale, public auction, tender or on a leasehold basis.