Decision details

Unit 7 Market Walk, Chorley-Proposed Lease Renewal

Decision Maker: Executive Member (Resources)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

Recommendations approved.

 

Reasons for recommendations.

Following recent negotiations, the proposed terms have been agreed by the Council’s Retail Consultants and reflect current market conditions within the Market Walk Centre in line with other leases which have been recently agreed/completed.

 

Other options considered and rejected.

None. The Tenant occupies the Property on a secure lease and there are no grounds available for determination of the lease. The Tenant has served notice on the Council requesting a new tenancy.

Publication date: 08/04/2024

Date of decision: 08/04/2024

Effective from: 17/04/2024

Accompanying Documents: