Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: July 7, 2025

Purpose:

Content: Decision RESOLVED to approve   The renewal of the lease with the existing tenant as per Option 1 detailed in the exempt appendix. Delegate approval to the Asset Strategy Manager to agree the exact terms of the above legal agreement.   Reason for the decision:   Granting a new lease at the property will secure the Council’s revenue income from the property at a market rent ensuring best value is achieved in line with the Council obligation under the Section 26 of the Local Government Act. Granting a new lease at the property will provide security to the tenant’s business and secure jobs in the district.