Purpose

1. The unit is currently vacant. It was
planned to be used as part of the library project and as such is
available on a short term basis.
2. The tenant’s wishes to take a lease of the property.
3. The Shopping centre comprises multiple retail 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.
4. The Council’s external agent for the centre Wright
Silverwood has recommended the action.
5. The Terms agreed leave the Tenant responsible for payment of the
rent, landlord Service Charge, business rates, insurance, utilities
and internal repairs.