Decision details

Unit 3-4 Market Walk - Extension of Lease

Decision Maker: Executive Member (Resources)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

Decision

That the terms provisionally agreed for the grant of a Tenancy at Will are approved and the Director of Governance be authorised to complete the legal formalities.

 

Reasons for recommendation(s)

To allow the tenant to continue to occupy Unit 3-4 Market Walk while negotiations are held to agree terms for a new 5-year lease

 

Alternative options considered and rejected

Option to terminate and vacate the Unit in which case there would be consequential costs of void and reletting

 

Publication date: 03/08/2021

Date of decision: 03/08/2021

Effective from: 11/08/2021

Accompanying Documents: