Decision details

Options Appraisal of Alhambra Shopping Centre (ODD/044/2022)

Decision Maker: Executive Director Growth and Sustainability

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


The Council holds the freehold of the Alhambra Shopping Centre and together with Avison Young, (the Fixed Charge Receiver) requires an options appraisal to identify and assess a number of possible uses to ensure the Alhambra Centre is financially sustainable for the long-term.

Allocate £25,000 for the commissioning of an external options appraisal.

Reasons for the decision:

Support is required which is not available from internal resources

Alternative options considered:

The Council, in partnership with Avison Young, the appointed receivers, is actively looking to improve the long-term value of the Alhambra Shopping Centre against a broad range of economic and social metrics. This study is required to inform future decisions.

Publication date: 04/08/2022

Date of decision: 02/08/2022