Exempt – Land Disposal Valuation Report

Red Book valuation by Hargreaves & Peel for 0.8ha former Millbrook Road depot. Comparable evidence table (3 sites, £1.5m–£2.2m/ha). Flood Zone 2 reduces value 8–12%. Market Value assessed at £1,250,000–£1,400,000. Recommended reserve price for tender: £1,200,000. Marketing: 6-week open tender via Rightmove Commercial and CoStar. Strong residential developer demand anticipated.