Decision

To accept a surrender of the old lease and
grant a new lease to The Body Shop for Unit 33B, 6B Commercial
Street, Maylord Orchards Centre, Hereford.
1. The old tenant entered administration and was then bought out of
administration by a new company.
2. The new company has negotiated a deal to surrender the old lease
and grant a new lease on the same property to allow The Body Shop
to continue to trade.
3. All sums due for the period of administration will be recovered
from the administrator.
4. The Centre comprises multiple units, some of which have been
vacant for some time and it is important that occupation levels are
maximized so that the holding costs incurred by the Council are
mitigated.
5. The terms agreed leave the tenant responsible for payment of the
rent, service charge, insurance, business rates and utilities in
line with the Maylord Orchards Management Plan (January
2024).