Unit 41 Friars Square: New Letting
October 31, 2024 Corporate Director Planning, Growth and Sustainability (Officer) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Corporate Director Planning, Growth and Sustainability approved the proposed terms for a new letting at Unit 41 Friars Square on 31/10/2024. This decision was made to generate revenue to support council services.
Full council record
Decision
Exemption from publication: 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).
Approval of proposed terms
Reasons for the decision
The terms of the lease renewal are in line with the market. The proposed lease renewal 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 progress with the lease renewal.
Details
| Outcome | Recommendations Approved |
| Decision date | 31 Oct 2024 |