Revision in rent of the Lease dated 25.5.2018 to Wey Valley Indoor Bowls association Ltd, at Stoke Park, Guildford

July 3, 2025 Head of Asset Management (Officer) Approved View on council website
Full council record
Content

To approve the reviewed rent of the above
property leased to Wey Valley Indoor Bowls Association
Limited.
In accordance with terms of the lease, the annual passing rent of
£12,000 has been reviewed as at 25.5.25 and it is proposed to
increase it to £12,276.40.
The rent review is based on changes in the RPI Index over the
period since the last rent review.
A memorandum will be endorsed on the lease recording this
review.
If you have any queries, then please contact Mark Appleton who will
be happy to provide further information.

Reasons for the decision

Income

Alternative options considered

The decision meets the statutory requirements
for the Council and there were no alternative options
available

Details

OutcomeRecommendations Approved
Decision date3 Jul 2025