Purpose

The premises (shop) have been marketed to let
following vacation by the previous occupier. Terms have been agreed
to let the premises which will allow the premises to be occupied
and maintain an income stream.

Decision

To grant a new lease on terms agreed

Alternative options considered

Option 1 - Let the premises on the terms
agreed
Option 2 - Let the premises to an alternative tenant on similar
terms
Option 3 - Leave the premises vacant