Decision

There are confidential appendices to this report, which are exempt by virtue of paragraph 3 of Schedule 12A of Part 1 of Schedule 12a of the Local Government Act 1972 because they contain information relating to the financial or business affairs of any particular person (including the authority holding that information)

To agree a new lease of 12 Hqube, Bellfield Road, High Wycombe. HP13 5GX

Reasons for the decision

The property is currently vacant. The proposed terms of the letting are in line with the market. The proposed letting will generate a revenue to support delivery of the Council’s services and meeting the Council’s obligations under Section 123 of the Local Government Act 1972

Alternative options considered

Not to proceed with the letting:
Benefit - None
Disbenefit - This will result in a loss of income as well as ongoing void property holding costs such as business rates, service charge etc