To grant a lease renewal to Trespass Ltd for Unit 12, 20 Maylord Street, Maylord Orchards Centre, Hereford.
1. The tenant has negotiated a deal to renew their existing lease.
2. 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.
3. The terms agreed leave the tenant responsible for payment of the rent, service charge, insurance, business rates and utilities in line with the Maylord Orchards Management Plan (January 2024).