Purpose

To approve the grant of the lease of C1-C2 41
Moorfield Road, Slyfield Industrial Estate, GU1 1RU to Care
Catering Limited in line with the following terms and
conditions:

For grant of a new lease the rent will be £33,615 pa.
The agreed term is 5 years with tenant only break after 3rd year,
subject to a break penalty equivalent to 3 months' rent.
The rent will be payable quarterly in advance.

If you have any queries, then please contact Faye Gunner who will
be happy to provide further information.

Content

Council’s 21/07/2023 Constitution Part
3, Page 3-65 Para 3(a), Executive Head: Assets and Property in
consultation with the appropriate lead councillor and subject to
being satisfied that the Council will receive the best
consideration reasonably obtainable:

Subject to consultation with the Chief Finance Officer when the
annual rent or premium exceeds £199,999, to accept terms for
the granting, renewing, reviewing and varying of leases of Council
owned land and property held in the General Fund