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.