New Lease at 3 Faraday Court Wellingborough NN8 6XY

January 13, 2026 Head of Asset Strategy (Officer) Approved View on council website

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Summary

...to grant a new lease on the unit at 3 Faraday Court, Wellingborough NN8 6XY, to ensure rental income and avoid dilapidations.

Full council record
Purpose

IT
IS A STATUTORY REQUIREMENT THAT DELEGATED DECISIONS ARE
PUBLISHED

That requires
this completed form be submitted to
democraticservices@northnorthants.gov.uk within two working days (by
12 noon) of the decision having been taken

Record of
Delegated Decision

Decision made
by

 

Yvonne Berry – Head of
Assets Strategy

Decision
Title

 

New Lease at 3 Faraday Court
Wellingborough NN8 6XY

Date of
decision (same as date form signed)

 

13/01/2026

Key
Decision

 

NO

 

Decision

 

To grant a new lease on the unit
supported by the surveyors HOTs

Reason/s for
Decision

 

For Leasing – Part of the
commercial portfolio, the granting of a lease for ensuring rental
income and avoid dilapidations of premises

 

Alternative
options considered and rejected

 

None, this is in line with the
commercial portfolio holding objectives

Legal
implications

 

Legal to complete
lease.

 

Financial
implications

 

The proposal supports Budget
requirements by getting the property let to earn a return of
income.

Although not specified in the HOT
the tenant should be asked to pay £1200 towards councils
surveyor and legal fees.

Other
implications

 

No HR or Environmental
implications. No crime or disorder issues.

Background
papers considered

 

HOT, and recommendation report
attached.

Declarations/conflict of
interest?

 

NO

 

Consultation

 

Through marketing, enquiries were
received and the following company has been one of the few to make
an offer.

 

Exempt
Decision? If yes provide details

 

Yes the report is likely to
contain “exempt Information” and is therefore not for
publication by virtue of Local Government Act 1972, Schedule 12A,
Part I, Paragraph 3.

Officer/
Executive member

 

Jessica Scott, Apprentice Estate
Surveyor

And

Rob Mills, Commercial Estate
Manager.

Date and Time
form emailed to Democratic Services for Publication

13/01/2026 –
16:26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annex 1

 

Key
Decisions

 

1.1.
The definition of a Key Decision
is set out in The Local Authorities (Executive Arrangements)(Access
to Information)(England) Regulations 2000 and is defined
as;

 

1.2.
An executive decision, which is
likely

 

i.           
to result in the relevant local
authority incurring expenditure which is, or the making of savings
which are, significant; or

 

ii.           
to be significant in terms of its
effects on communities living or working in an area comprising two
or more wards or electoral divisions

 

1.3.
The council has decided that
significant expenditure or savings are those amounting to above
£500,000.

 

1.4.
All Key Decisions must be
published on the website 28 days in advance of them being made
unless they are urgent in which case there are processes to follow
which include seeking the notification/approval of the Chair of the
relevant Scrutiny Committee. The Forward Plan enables the public
and all members to understand the key decisions that are going to
be taken and make representations in advance.

 

1.5.
Key Decisions must be published
within 2 clear working days of being made and will be published on
the website.

 

1.6.
Scrutiny Committees have the
ability to call in Key Decisions and any other decisions which have
been included on the Forward Plan and have 5 clear working days to
call in the decision following their publication on the website (in
accordance with the Scrutiny Procedure Rules).

 

Annex 2

 

Descriptions of
Exempt Information

 

Exempt information means
information falling within the following categories (subject to any
qualification):

 

1)           
Information relating to any
individual.

 

2)           
Information which is likely to
reveal the identity of an individual.

 

3)           
Information relating to the
financial or business affairs of any particular person (including
the authority holding that information).

 

4)           
Information relating to any
consultations or negotiations, or contemplated consultations or
negotiations, in connection with any labour relations matter
arising between the authority or a Minister of the Crown and
employees of, or office holders under, the authority.

 

5)           
Information in respect of which a
claim of legal professional privilege could be maintained in legal
proceedings.

 

6)           
Information which reveals that the
authority proposes:

 

(a)         
to give under any enactment a
notice under or by virtue of which requirements are imposed on a
person; or

(b)         
to make an order or direction
under any enactment.

 

7)           
Information relating to any action
taken or to be taken in connection with the prevention,
investigation or prosecution of crime.

 

 

Qualifications

 

Information falling within the
above descriptions is not exempt information if it is required to
be registered under:

 

(a)    
the Companies Acts (as defined in
section 2 of the Companies Act 2006);

 

(b)    
the Friendly Societies Act
1974;

 

(c)    
the Friendly Societies Act
1992;

 

(d)    
the Co-operative and Community
Benefit Societies Act 2014;

 

(e)    
the Building Societies Act 1986;
or

 

(f)      
the Charities Act 2011

 

Information is not exempt
information if it relates to proposed development for which the
local planning authority may grant itself planning permission or
permission in principle pursuant to regulation 3 of the Town and
Country Planning General Regulations 1992.

Information which falls within any
of the descriptions above; and is not prevented from being exempt
by the previous two qualifications is exempt information if and so
long, as in all the circumstances of the case, the public interest
in maintaining the exemption outweighs the public interest in
disclosing the information.

 

 

Supporting Documents

Record of Delegated Decision 3 Faraday Court.pdf

Details

OutcomeRecommendations Approved
Decision date13 Jan 2026