Lease Renewal of Store A, Friars Square, Aylesbury (Decision to be taken)

December 23, 2024 Cabinet Member for Resources, Leader (Cabinet member) Key decision Awaiting outcome View on council website

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Summary

...to authorize the Director of Commercial Property and Regeneration, in consultation with the Cabinet Member, to agree to and finalize a one-year lease renewal for Store A in Friars Square, Aylesbury, based on the confidential Heads of Terms.

Full council record
Purpose

To seek approval to renew the lease of Store A
Friars Square in Aylesbury Town Centre.

Content

Recommendations:
 
That
the Director of Commercial Property and Regeneration in
consultation with the Cabinet Member for Accessible Housing and
Resources is:
 
i.                   
Authorised to agree a renewal of a new 1 year
lease at Friars Square in accordance with the Heads of Terms
contained in the confidential appendices.
 
ii.                 
Finalise Heads of Terms, agree lease, exchange
and complete in accordance with the emerging Heads of Terms
contained in the confidential appendices on the same terms as the
existing 2 year lease deal.

Details

Decision date23 Dec 2024
Subject to call-inYes