Issue - decisions

To accept the early surrender of leases in respect of properties held within the council’s Commercial Investment Portfolio

27/11/2025 - To accept the early surrender of leases in respect of properties held within the council’s Commercial Investment Portfolio

Where tenants have requested an early surrender of their lease and they are either in or likely to fall into rent arrears or it is otherwise financially advantageous for the council it is in the interest of good estate management to take an early surrender of a lease. Doing so avoids or mitigates further rent arrears, the expense and resources in pursuing these and reduces the delay in the council receiving a possibly enhanced rental income from a new letting.