Issue details

Grant of new leases 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

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 14/12/2023

Decision due: 14 December 2023 by Strategic Assets Delivery Director

Contact: Sarah Jowett, Strategic Assets Delivery Director Email: Sarah.Jowett@herefordshire.gov.uk Tel: 01432 383302.

Decisions