Content

This decision is in accordance with our
disposal policy, as documented within ADC Asset Management
Strategy.

The new letting will produce an income stream to the Council
bringing with it a new tenant into our void unit which has been
actively marketed by SHW and the Council since February with
limited interest.

It is our recommendation we proceed with Andy Gorman/ Top Form
Coaching who is offering a 4 year lease and is willing to pay a
£750 bond upfront which will go towards any abortive
professional fees should he pull out of the letting.

Reasons for the decision

This decision is in accordance with our
disposal policy, as documented within ADC Asset Management
Strategy.

The new letting will produce an income stream to the Council
brining with it a new tenant into our void unit which has been
actively marketed by SHW and the Council since February with
limited interest.

It is our recommendation we proceed with Andy Gorman/ Top Form
Coaching who is offering a 4 year lease and is willing to pay a
£750 bond upfront which will go towards any abortive
professional fees should he pull out of the letting.

Alternative options considered

Alternative options were not considered as the
unit forms part of the commercial portfolio, hence for the open
marketing.