Decision details

Granting of a new lease for retail premises at 3 Beechwood Road, Arnold, NG5 8BA.

Reference: D1632

Decision Maker: Deputy Chief Executive & Monitoring Officer

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To enable the granting of a new lease for 3 Beechwood Road, Arnold, NG5 8BA.

Decision:

To approve the granting of a new lease for 3 Beechwood Road, Arnold.

Reasons for the decision:

New Lease approval.

Alternative options considered:

An alternative would be not to grant a new lease for the space. However, the income received is currently below market levels and the new lease would bring income in line with market levels. Additionally, not granting a new lease would mean that terms of occupation continue to be governed by an expired Tenancy Agreement.

Publication date: 11/06/2025

Date of decision: 14/11/2024

Accompanying Documents: