Issue - decisions

Grant of new leases, licences and associated documentation in respect of various units held within the council’s commercial property portfolio

05/12/2024 - Grant of new leases, licences and associated documentation in respect of various units held within the council’s commercial property portfolio

1. The properties are owned by the council as part of its property investment portfolio held to deliver optimum commercial returns through rental income which is used to support the council’s strategic objectives in line with the County Plan 2020 – 2024.
2. Provisional agreement, subject to formal approval, has been reached with the current occupiers for a new lease.
3. The terms of the leases have been negotiated to reflect the market rental of the property and provide continuity of income to the council