Commercial Property Update
November 11, 2025 Strategy and Resources Committee (Committee) Awaiting outcome View on council websiteFull council record
Decision
Following consideration, the Committee resolved:
With 6 votes for and 1 abstention to:
(1) Agree to Option 3 as recommended in paragraph 7.4 of the report to negotiate a new lease at the appropriate level of rent to reflect the mixed community and commercial uses being undertaken at the site.
With 6 votes for and 1 vote against to:
(2) Agree a budget of up to £10,000 to cover any potential external commercial agent fees and legal fees.
(3) Nominate and authorise the Head of Property & Regeneration to take forward the necessary steps to progress the chosen option.
Related Meeting
Strategy and Resources Committee - Tuesday, 11th November, 2025 7.30 pm on November 11, 2025
Details
| Outcome | For Determination |
| Decision date | 11 Nov 2025 |