Decision details

Councillor Peter Wilson, Executive Member (Resources) presented the report of the Director of Business, Development and Growth.  The report sought approval to purchase the building known as the former Hyatt Restaurant premises on the terms indicated in the report and shown edged red on the attached plan. 

The report also sought approval for a new Lease to be granted to the Chorley Little Theatre for the Hyatt Premises to be able to be occupied in connection with their use of the Chorley Little Theatre for studio space, rehearsals and storage.

Councillor Peter Wilson, Executive Member for Resources proposed, Councillor Alistair Bradley, Executive Leader seconded the DECISION – 

1.         That Council allocate the budget to be used for the purposes of purchasing the freehold of the Hyatt, 1 Dole Lane, Chorley.

2.         That Council note that on 15 March the Executive Cabinet resolved

a. To proceed with the freehold purchase of the Hyatt Premises, 1 Dole Lane, Chorley, PR7 2RL within the time frame so that preparations can be implemented by the Chorley Little Theatre for expansion and rehearsal rooms.

b. That authority is to be delegated to the Executive Member for Resources to negotiate the terms of the lease with the Chorley Little Theatre in accordance with those provisionally agreed and contained at paragraph 17.

c. That the Head of Legal, Democratic and HR Services be authorised to complete the documentation for both the purchase of the freehold from the existing vendor and complete the documentation for a Lease on terms to be negotiated in accordance with paragraph 2 to the Chorley Little Theatre.