Surrender of Lease to Surrey County Council of the Lockwood Centre, 9-13 Westfield Road, Slyfield Industrial Estate, Guildford

February 12, 2024 Joint Assistant Director: Assets and Property (Officer) Key decision Approved View on council website
Full council record
Content

The Council’s tenant (Surrey County
Council) of the above property has requested that they be given
licence to allow the surrender of the Lockwood Centre, 9-13
Westfield Road, Guildford.

For a surrender: GBC to surrender the lease with Surrey County
Council who have deemed the property to be surplus to their
requirements. Terms are agreed for the lease to be surrendered
based on GBC receiving a premium sum of £162,000 plus VAT
(equivalent to three years rent). Post surrender GBC intends to let
the property (initially most likely as open storage) after
demolishing the buildings and securing the necessary planning
consent.

Details

OutcomeRecommendations Approved
Decision date12 Feb 2024