1. The Maylord Orchard Shopping Centre is now owned outright by the council as a strategic asset in the centre of Hereford.

2. The Shopping Centre comprises multiple retail units some of which a number have been vacant for some time and it is important that occupation levels are increased so that the holding costs incurred by the Council are mitigated.

3. The renewal for a period of two years will help retain an existing occupier and the footfall that they bring, whilst also mitigating void costs for the unit.

4. The tenant, and the terms for the letting have been recommended by the council’s managing agent Montagu Evans.

5. This tenancy at the Shopping Centre will not prohibit the council from undertaking development at a future date.