Showing posts with label All Souls College Oxford. Show all posts
Showing posts with label All Souls College Oxford. Show all posts

Sunday 6 April 2014

REVEALED: All Souls/Gillick Kensal Rise Library option agreement


Guest blog by Meg Howarth
 
All Souls College (ASC) has released the Option Agreement (OA) to buy Kensal Rise Library which it signed with Andrew Gillick on 26 November 2012. It was ordered to do so by the Information Commissioner following a successful appeal against its refusal to disclose the document under a Freedom of Information (FOI) request - details of that decision have been published on the ICO (Information Commissioner's Office) website.

 Failure to comply with the commissioner's decision could have resulted in ASC being reported to the High Court. Though the college was permitted to redact the names, dates and sale-price from disclosure, ironically it's only the price Andrew Gillick paid for Kensal Rise Library that's still unknown. As of today, the Land Registry records haven't been updated since the sale to Mr Gillick was completed on/after 31 January this year but currently reveal:
'Option Agreement dated 26 November 2012 made between 
(1) Andrew Gillick and (2) The Warden and College of the Souls of All 
Faithful People Deceased in the University of Oxford expiring on 31 
January 2013' 
and that the value of the property 
 'at 5 July 2012 was stated to be under £100,000'. 
Interestingly, the OA shows that Mr Gillick paid a deposit of £105,000 which was to be deducted from the sale-price of the building.
Dated                2012

THE WARDEN AND COLLEGE OF THE SOULS OF ALL FAITHFUL PEOPLE DECEASED IN THE UNIVERSITY OF OXFORD (1)


--------------------(2)

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                OPTION AGREEMENT
         to purchase Kensal Rise Library
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