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