Issue details
Approval of new leases, licences and tenancies in respect of vacant properties held within the council’s commercial property portfolio
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 Bruton Knowles and JNA Property to
achieve new lettings in respect of any vacant units.
The agents have openly marketed the units and following
negotiations with prospective tenants make fully justified
recommendations as to the terms of the agreements and the level of
rent to be agreed that reflect the current market conditions.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 30/05/2022
Decision due: 30 May 2022 by Delivery Director – Property Services
Contact: Sarah Jowett, Strategic Assets Delivery Director Email: Sarah.Jowett@herefordshire.gov.uk Tel: 01432 383302.
Decisions