Decision details
Renewal of Lease of Unit 7, Three Elms Trading Estate, Bakers Lane, Three Elms Road, Hereford
Decision Maker: Commercial and Investment Manager
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
The council owns a property investment
portfolio held to deliver optimum commercial returns through rental
income that is used to support the council’s strategic
objectives in line with the county plan 2020 – 2024.
The Council has appointed agents to undertake rent reviews and
lease renewals and following negotiations with the existing tenants
have made fully justified recommendations as to the terms of the
agreements and the level of rent to be agreed that reflect the
current market conditions.
Contact: Michelle Chadd Email: michelle.chadd4@herefordshire.gov.uk Tel: 01432 261552.
Publication date: 26/09/2024
Date of decision: 19/09/2024
Accompanying Documents: