Purpose

To seek approval to the rent review for the Dentist at the River Alt Resource Centre, Woolfall Heath Avenue, Huyton on the main terms and conditions referred to in this report.

Decision

The Head of Assets approves the rent review for the Dentist at the River Alt Resource Centre, Woolfall Heath Avenue, Huyton on the main terms and conditions referred to in this report whilst authorising the Head of Legal Services to prepare and complete the necessary legal documentation.

Alternative options considered

Rent reviews are intended to allow the landlord and tenant to adjust the rent to the current or market rent at certain points in time – the rent review dates specified in the lease agreement.  The Council, as landlord, could elect not to action the rent review, however, in order to demonstrate good asset management practice and to increase income generation, this option has been rejected and the rent review has been conducted.