Renewal of lease at China Town car park - Vanguard Storage Central London Ltd

September 19, 2024 Executive Director of Finance and Resources (Officer) Approved 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

...to approve the necessary legal documents for Q Park to sublet space in the China Town car park to Vanguard Storage Central London Limited until February 29, 2036, at a stepped rent starting at £120,000 per year.

Full council record

Decision

Decision Taken: Authority is required
to renew the underlease for Vanguard Storage Central London Ltd at
China Town Car Park at Q park, Newport Pl, London WC2H 7PU.
 
Reasons for decision: Delegated
authority is required for the approval of the renewal of the
underlease. Westminster City Council holds a lease with Q Park for
the car park. Approval is required for Q Park to renew their sublet
with Vanguard Storage in accordance with the terms of Q
Park’s lease.
 

Supporting Documents

Vanguard letting at China Town car park.pdf

Details

OutcomeRecommendations Approved
Decision date19 Sep 2024