New Letting of industrial unit at 114/115 Liscombe

July 22, 2025 Executive Director: Place (Officer) Approved View on council website
Full council record

Decision

Approval of terms of letting to new occupier
following marketing of empty unit

Reasons for the decision

The letting will provide additional rental
income for the council and will reduce expenditure on property
costs from the vacant unit.

Alternative options considered

To reject the offer and continue marketing the
property and seek offers at a higher level. This was rejected as
this would incur further costs to the council with no potential
benefit as the letting is at a market value rent on acceptable
terms.

Details

OutcomeRecommendations Approved
Decision date22 Jul 2025