Reference: D1417
Decision Maker: Chief Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To seek approval to grant a new lease at the
above to a new business tenant.
This property forms part of a light industrial
park in Calverton. The unit has become available to let as the
previous occupier gave notice that they were vacating the property
at lease end now leaving it empty.
Proposal: To grant a new lease as outlined in the attached Heads of
terms.
The property is vacant following lease expiry.
By not agreeing to this lease request the property would remain
empty not producing an income for the council. We would have to
look at re-letting the property to others, taking the usual void
and rent free periods into consideration and any marketing costs.
There could be a lengthy gap in income generation until a new
tenant was secured.
By not agreeing to this lease request the
property would remain empty not producing an income for the
council. We would have to look at re-letting the property to
others, taking the usual void and rent free periods into
consideration and any marketing costs. There could be a lengthy gap
in income generation until a new tenant was secured.
Publication date: 28/04/2023
Date of decision: 28/04/2023
Accompanying Documents: