Decision Maker: Executive Member (Resources)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Reasons for recommendations
Other options considered and rejected
1. The terms proposed would facilitate the continued letting of Office 14 and generate revenue for a 3 year period.
2. Terms were previously approved for the grant of a 1 year and a 2 year lease.
3. The tenant has asked for a longer 3-year lease to extend their occupation.
4. To reject this offer would lead to the office being vacated in October 2023 with the associated loss of income and subsequent costs of arranging a new letting.
Publication date: 06/03/2023
Date of decision: 06/03/2023
Effective from: 14/03/2023