Content

DETAILS OF DECISION:
(attach additional sheets if required)
To enter into a contract for: valuation, market advise and
negotiation of terms in connection with the surrender of long
leasehold interest at Pro tech, Lysons Industrial Estate, Ash Vale
GU12 5QD
Contract Title: Valuation, market advise and negotiation of terms
in connection with the surrender of long leasehold interest at Pro
tech, Lysons Industrial Estate, Ash Vale GU12 5QD
Route to Market: Mini Competition
Supplier: BPS Surveyors
Contract Value: Estimated total contract value: £6,875+
VAT
Part 1: Valuation £2,640+ VAT
Part 2: Property and market appraisal £1,260+ VAT
Part 3: Negotiation of surrender - % sliding scale
Estimated at £2,975+ VAT
Contract Start Date: ASAP
Contract End Date: Until satisfactory completion of
instruction.
If you have any queries, then please contact Faye Gunner who will
be happy to provide further information.

Reasons for the decision

To appoint an agent to advise the council on
the potential acquisition of the leasehold interest and if
appropriate negotiation terms of the surrender.

Alternative options considered

The decision meets the statutory / policy
requirements for the Council and there were no alternative options
available