Decision

Surrender existing lease dated 3rd March 2025 and grant a new lease on the same terms with the exception of the demise which has been changed slightly.

The lease is for a term of 2 Years with a mutual rolling break subject to 3 months’ prior written notice, at a rent of One Peppercorn per annum (if demanded).

Reasons for the decision

Previous location of the bike repair stand (demise) was unsafe and impracticable. New location agreed with Tenant as being more suitable.

Alternative options considered

To relocate the bike repair stand to somewhere completely different within the park, rejected due to additional time and cost required.