Purpose

To enable the granting of a new lease for Unit 3 The AMP to Spiritual Mother Hustlers Ltd Registered Company Number: 15679749.

Decision

To approve the granting of a new lease for Unit 6 The AMP, Market Place, Arnold, Nottingham, NG5 6ND.

Reasons for the decision

New Lease approval

Alternative options considered

An alternative would be not to grant a new lease for the premises. However, this would mean that the space is likely to become vacant following the termination of the lease with the current tenant. This would see further marketing as well as void costs being incurred by the Council.