Content

To instruct legal to prepare a new lease to
the council’s parking services contractor NSL of The Studio,
Fort Road Community Park, Fort Road East, Littlehampton.

The lease will be outside the 1954 Landlord and Tenant Act. The
lease will be for a term that will mirror NSL’s contractual
obligations and run until April 2027. A side letter will be
prepared which relieved the tenant of the need to pay the rent
while the tenant’s contractual obligations are being
fulfilled.

Reasons for the decision

Food waste collection has been added to the
waste contract which relies upon the waste contractor expanding
their use of the Harwood Depot which means the parking services
contractor vacating.

The Studio is suitable, subject to some improvement works, for the
use by the council’s parking services contractor.

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

There were no other suitable options within the council’s
portfolio.

The capital investment in The Studio to facilitate this occupation
has meant that The Studio will become an income producing asset,
albeit the rent attributed is via the parking contract until April
2027 (£7,000pax).

Alternative options considered

Leasing in space via the private sector was
considered but then discounted due to the lack of available options
and the potential cost. The cost would have been in excess of
£30,000pax for the rent alone. Business Rates and other
occupational costs would have increased this to in excess of
£50,000pa.