Lease Extension for xx Glamis Court, Glamis Street, Bognor Regis, PO21 xxx
July 16, 2024 Director of Environment & Communities (Officer) Approved View on council websiteFull council record
Content
Approval granted for Legal Services to execute
a Lease Extension of 90 years for the property at xx Glamis
Court.
The agreed premium is £3,250, with an additional payment of
£1,000 to cover legal fees.
Reasons for the decision
The leaseholders—xxx, xxx, and
xxx—have requested a lease extension.
The terms agreed represent the highest premium offered and ensure
the Council receives appropriate compensation for the extension, in
line with its responsibilities under the Housing Revenue
Account.
Alternative options considered
No alternative options were considered, as the
lease extension is a standard legal and financial transaction under
the Council’s leasehold management
responsibilities.
Details
| Outcome | Recommendations Approved |
| Decision date | 16 Jul 2024 |