1. The tenant’s previous lease has expired.
2. The tenant’s current occupation needs to be regularized whilst a new lease is negotiated.
3. The Shopping centre comprises multiple retail 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.
4. The Council’s external solicitor for the centre Browne Jacobsen has recommended the action.
5. The Terms agreed leave the Tenant responsible for payment of the rent, landlord Service Charge, business rates, insurance, utilities and internal repairs.
6. The tenancy at will proposed will not prohibit the council from undertaking development at a future date if planned.