Renewal of Lease of Unit 7, Three Elms Trading Estate, Bakers Lane, Three Elms Road, Hereford
September 19, 2024 Commercial and Investment Manager (Officer) Approved View on council websiteFull council record
Decision
The council owns a property investment
portfolio held to deliver optimum commercial returns through rental
income that is used to support the council’s strategic
objectives in line with the county plan 2020 – 2024.
The Council has appointed agents to undertake rent reviews and
lease renewals and following negotiations with the existing tenants
have made fully justified recommendations as to the terms of the
agreements and the level of rent to be agreed that reflect the
current market conditions.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 19 Sep 2024 |