Surrender of existing lease and grant of new in respect part St Owens Centre Symonds Street Hereford to Accordia Academies Trust

March 14, 2024 Strategic Assets Delivery Director (Other) Approved View on council website
Full council record

Purpose

The St Owen’s Centre is owned by the
council and part is leased to Barrs Court School now Accordia
Academies Trust (the Trust) under a 25 year academy lease which
expires in 2038.
Alterations and improvements have been carried out by the council
using monies from the High Needs Capital Grant which is government
funding to enhance Special Educational Needs (SEN) provision in the
county
As a result of these works the Trust occupy a larger and improved
area of the building enabling them to provide education to
additional children with SEN needs and a new lease is required to
reflect the larger area occupied
Terms for the surrender of the existing and grant of a new lease
have been agreed with the Trust on the basis of the standard terms
for an academy lease at a peppercorn rent with the following
variations
The length of term which is to match the unexpired term of the
existing lease
The council will retain responsibility for external repairs and
provision to be made for the cost to be recharged to the Trust and
the other occupier of the building

Supporting Documents

Surrender of existing lease and grant of new in respect part St Owens Centre Symonds Street Hereford.pdf

Details

OutcomeRecommendations Approved
Decision date14 Mar 2024