Grant of a new lease to a new Tenant Units B and C, Chelsea Old Town KD1014972

October 28, 2026 Lead Member for Finance and Property, and Deputy Leader (Cabinet member) Key decision In call-in window View on council website

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Summary

The Lead Member for Finance and Property decided to approve the grant of a new lease, licence for alterations, and rent deposit deed for Units B and C at Chelsea Old Town Hall on 28 October 2026. The decision was made based on agreed commercial heads of terms.

Full council record

Purpose

This report seeks approval to grant a new Tenant, a new 15-year lease of Units B and C, Chelsea Old Town Hall, which are vacant following the relocation of a long-standing service provider to alternative accommodation within the Borough to enable the Council to realise the property's market rental potential.This will be a lease outside the Landlord & Tenant 1954 Act.

Decision

The Lead Member has AGREED to approve the grant of a new lease, licence for alterations and rent deposit deed in respect of the premises to the new Tenant on the basis agreed commercial heads of terms, set out in the exempt from publication (Part B) appendix to this report.

Supporting Documents

KD1014972R.pdf
KD1014972RA2 SIA.pdf
KD1014972RA3 Eqia.pdf
KD1014972C signed.pdf

Details

ReferenceCall-ins0
OutcomeRecommendations Approved (subject to call-in)
Decision date28 Oct 2026
Expected date17 Dec 2026
Originally due17 Dec 2026
Lead officerIngrid Cadette
Subject to call-inYes