Purpose

Enter into a new lease with JD
Wetherspoons

Content

Decision:
To approve the grant of the lease as laid out
within the report.
Reason(s):

1.      
The proposed lease terms represent best
consideration.

2.      
The proposed annual rent secures an income stream
for the Council for 25 years and avoids vacant property
costs.

3.      
The grant of the proposed lease ensures continuity
of occupation and demonstrates effective estate management of the
portfolio. 
Other options considered and rejected by the
Executive:
None.
Details of any conflict of interest declared by
the Leader or lead councillors and any dispensation
granted:
None.