Purpose

The property is owned and managed by the
Council as part of the Hereford Enterprise Zone. The property is
currently occupied by the lessee on a licence, and they have
expressed a longstanding interest to buy the plot to consolidate
their operations locally.
Granting a lease is an important stepping stone in the sales
journey, putting the relationship on a sound footing to take
forward that sales negotiation, and in any event, securing proper
market rent for the property.