To accept the early surrender of leases in respect of properties held within the council’s Commercial Investment Portfolio
November 19, 2025 Commercial and Investment Manager (Officer) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to accept the early surrender of leases for properties within the council's Commercial Investment Portfolio, particularly when tenants are in or likely to be in arrears, or when it is financially advantageous for the council.
Full council record
Decision
Where tenants have requested an early
surrender of their lease and they are either in or likely to fall
into rent arrears or it is otherwise financially advantageous for
the council it is in the interest of good estate management to take
an early surrender of a lease. Doing so avoids or mitigates further
rent arrears, the expense and resources in pursuing these and
reduces the delay in the council receiving a possibly enhanced
rental income from a new letting.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 19 Nov 2025 |