Decision Maker: Executive Member (Resources)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Recommendations approved
Reasons for recommendation
Following lengthy negotiations between the parties the proposed terms have been provisionally agreed by the Council’s Retail Consultant and reflect current market conditions within the Market Walk Centre in line with other lease settlements which have recently been agreed/completed.
Other options considered and rejected
None, the Tenant has the right to renew the existing lease which has the protection of the Landlord and Tenant Act 1954
Publication date: 05/02/2025
Date of decision: 05/02/2025
Effective from: 14/02/2025
Accompanying Documents: