Content

Exemption from publication: There are
confidential appendices to this report, which are exempt by virtue
of paragraph 3 of Schedule 12A of Part 1 of Schedule 12a of the
Local Government Act 1972 because they contain information relating
to the financial or business affairs of any particular person
(including the authority holding that information).

To grant a new lease to the existing occupant.

Reasons for the decision

The current lease expired in March 2017. The
terms of the lease renewal are in line with the market. The
proposed lease renewal will generate a revenue to support delivery
of the Council’s services and meeting the Council’s
obligations under Section 123 of the Local Government Act
1972.

Alternative options considered

Alternation Option Considered:
To not agree the new lease and market the property.

Disbenefit:
This would result in a vacate site with no rental income for an
estimated six months.