Grant of lease: Ground Floor, 82 Rye Lane, London SE15 4RY
February 27, 2026 Strategic Director of Resources (Officer) Key decision Approved View on council websiteThis 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
...authorised the Director of Planning & Growth, advised by and in consultation with the Assistant Director of Property, to proceed with the grant of a lease for the ground floor space at 82 Rye Lane, London SE15 4RY, to Asda Stores Ltd, securing a long-term income stream for the general fund.
Full council record
Purpose
Commercial letting of property
Decision
The
Strategic Director of Resources:
1.
Authorises the Director of Planning & Growth,
advised by and in consultation with the Assistant Director of
Property, to proceed with the grant of a lease, for the ground
floor space at 82 Rye Lane, in line with the recommendations
included in this report.
2.
Notes the circumstances leading
to the proposed letting and due diligence undertaken by officers
and their advisors.
3.
Delegates to the Director of
Planning and Growth, in consultation with the Assistant Director of
Property, authority to complete the grant of a new
lease.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 27 Feb 2026 |
| Effective from | 19 Mar 2026 |
| Expected date | 27 Feb 2026 |
| Originally due | 27 Feb 2020 |
| Subject to call-in | Yes |