New Commercial Lease For 502 Kings Road, SW10 ED5012303

July 28, 2025 Executive Director of Housing & Social Investment (Officer) Unknown View on council website

This 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

The Lead Member for Housing approved the award of a contract for domestic gas maintenance services to Sureserve Compliance South Ltd. The contract is valued at up to £10,029,911.05 excl. VAT for a term of up to 5 years, commencing around June 2026. Authority was delegated to the Director of Housing Management to extend the contract for up to two additional 1-year periods, subject to performance targets.

Full council record

Purpose

This decision seeks to grant a new commercial lease, contracted outside the security of tenure and compensation provisions (s.24-28) of the Landlord & Tenant Act 1954, Part II and a rent deposit deed.

The subject property is on the ground floor and basement floors of 502 Kings Road, SW10 located beneath the Council owned flats known as 60 Slaidburn Street. The commercial use will remain as a barbers.

Decision

The Executive Director has AGREE to:

Approve the grant of a new commercial lease, a rent deposit deed and a licence to alter at 502 Kings Road, London SW10 based upon the Heads of Terms set out in the Exempt Part B Appendix.

Supporting Documents

KD1010553R-1.pdf
KD1010553RA1-1.pdf
KD1010553RA2-1.pdf
KD1010553RA3-1.pdf
KD1010553C-1 - signed.pdf
ED5012303RA3 EqIA - New Commercial Lease for 502 Kings Road.pdf
ED5012303RA2 - New Commercial Lease for 502 Kings Road - SIA.pdf
ED5012303C signed.pdf

Details

OutcomeAwaiting Implementation
Decision date28 Jul 2025
Effective from20 Aug 2026
Expected date16 Jul 2025
Originally due16 Jul 2025
Lead officerSarah Muluta