To approve the grant of a new lease in respect of Unit 42, Maylord Orchards Centre to Ace K9.
1. The tenant’s lease expired on 18th December 2025 and they have been in occupation since that date on a Tenancy at Will.
2. The tenant has negotiated a deal to renew their lease of the Unit for 1-year. A small rental increase has been agreed.
3. The Centre comprises multiple units, some of which have been vacant for some time and it is important that occupation levels are maximized so that the holding costs incurred by the Council are mitigated.
4. The Terms agreed leave the Tenant responsible for payment of the rent, landlord Service Charge, business rates, insurance, utilities and internal repairs.
5. The license aligns with the Management Plan January 2024.