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 renew the lease with the existing tenant on the terms
agreed.

Reasons for the decision

The lease had reached expiry and a renewed
agreement was necessary. 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.

Alternative options considered

Not agreeing terms. This would lead to a loss
of income whilst the property was remarketed.