Commercial Property Update

November 11, 2025 Strategy and Resources Committee (Committee) Awaiting outcome View on council website
Full council record
Content

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.
 

Details

OutcomeFor Determination
Decision date11 Nov 2025