By virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972.
Information relating to the financial or business affairs of any particular person (including the authority holding that information).
It is not in the public interest to disclose this information because the decision contains information relating to the financial business affairs of the seller and the Council. Disclosure of the negotiations around the purchase price at pre-contract stage could adversely affect the Council's negotiating position with the seller. In addition, disclosure of the Council's financial appraisal could have similar adverse affects.