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)

Reasons for the decision

The property is currently vacant. The 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

Do nothing:

Benefit - n/a

Disbenefit - The land would remain vacant with an
ongoing fly-grazing/trespass risk. All maintenance obligations remain with the Council. No revenue being generated whilst the land is vacant.

Let to an alternative tenant:

Benefit - n/a

Disbenefit - All that made offers to occupy are
unknown parties to the Council. All other offers received were for a lower rent than the proposed.