Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: January 23, 2025

Purpose: To agree the outcome of a rent review.

Content: Decision: Approved an increase in the rent from £174,144 per annum to £278,500 per annum with effect from the 3 February 2024 rent review. Reason(s): 1.                 The proposed settlement represents best consideration. 2.                 The proposed annual rent secures an excellent increase in the annual rental income stream for the Council. Other options considered and rejected by the Committee: None. Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted: None.