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 approve a new lease to NES for part 2nd floor.

Reasons for the decision

The property is currently vacant. The terms of
the letting are in line with the market. The proposed letting 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

Not to let the space to NES. Council are
currently picking up all of the void costs and would continue to do
so. Proceeding with the lease ensures the tenant is covering the
void costs.