Purpose

To consider and agree the new lease
arrangements.

Content

Decision:
To grant a new 5-year lease to
Body Shop International Ltd of the premises known as 122, 124A
& 124 B High Street, Guildford on the terms set out in Appendix
1 of this report.
 
Reason(s):

1.                    
The proposed new lease represents best consideration
and provides an annual rental income stream for the
Council.

2.                    
Granting the proposed new lease prevents the
property becoming vacant and thereby incurring the associated void
costs.
 
Other options considered and
rejected by the Executive:
None.
 
Details of any conflict of
interest declared by the Leader or lead councillors and any
dispensation granted:
None.