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That the Group Leader, Asset Management
approves the grant
of a lease renewal on Units 1 & 28 North Pontypool Industrial
Estate,
Pontnewynydd, Pontypool at a stepped rent of Year 1: £30,000,
Year 2: £32,000, Year 3: £34,000 and Years 4 & 5:
£35,000 per annum., as per the details contained within this
report.