1 New Bailey - Lease of Ground Floor Accommodation

June 10, 2024 Property / Regeneration Briefing (Other) Awaiting outcome View on council website
Full council record
Content

Salford City Council - Record of
Decision
 
I,
Councillor Jack Youd, Deputy City Mayor and Lead Member for
Finance, Support Services and Regeneration, in
exercise of the powers contained within the City Council
Constitution do
hereby:
 
1.   
Approve the letting of
5,392 sqft (501 sqm) of space
comprising the whole of retail Unit 1 at 1 New Bailey on a new
lease.

2.   
The delegation of authority to the Executive
Director of Place in conjunction with the S151 officer to
negotiate, agree, and finalise the detailed terms of the
transaction.

3.   
Authorise the Shared Legal Service to prepare all
necessary documentation and to take all steps which are required to
give effect to the above
recommendations.
 
The
Reasons are the above approvals
allow for the letting of the Retail Unit 1 at 1 New
Bailey.
 
Options considered and rejected were:
n/a
 
 
Assessment of Risk:
low
 
 
The
source of funding is: n/a
 
 
Legal
Advice obtained: Shared
Legal Service
 
 
Financial Advice obtained: Alison Woods, Commercial Finance
Manager
 
 
Procurement Advice obtained: No implications - commercial letting
 
 
HR
Advice obtained: n/a there are no HR implications arising from this
proposal
 
 
Climate Change Advice obtained: This is a CAT A building and is
fully compliant with all current Building Regulation
requirements.
 
 
 
The
following documents have been used to assist the decision
process:
Public/briefing report submitted to Property/Regeneration
Briefing on 10th June 2024
 

Contact Officer:  
Stephanie Mullenger, Head of Special Projects, Property and
Estates                                 
stephanie.mullenger@salford.gov.uk
 

-      
This decision is not subject to consideration by
another Lead Member.

-      
The appropriate scrutiny to call-in the decision is
the Growth and Prosperity Scrutiny Panel                       

 

Signed:
Councillor Jack
Youd      
Deputy City Mayor and Lead Member for Finance, Support Services
and Regeneration
Dated:
10th June
2024
 

 

This decision was
published on Monday 10th June, 2024                                              

This decision will
come in force at 4.00 p.m. on Monday 17th June
2024 unless it is called-in in
accordance with the Decision-Making Process Rules.
 

Details

Decision date10 Jun 2024
Subject to call-inYes