Decision

To approve the grant of a contracted-out lease of Unit 11 Midleton Enterprise Park to Sugar Rush Treats LTD in line with the following terms and conditions:
Rent: £13,725 pax payable monthly in advance.
Term: 5 years
Break option: Tenant only break on the 3rd anniversary of the term subject to 6 months notice.
Security deposit: Equivalent to 5 months rent plus VAT will be provide by the tenant.
If you have any queries, then please contact Faye Gunner who will be happy to provide further information.

Reasons for the decision

To grant a contracted out lease.

Alternative options considered

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