Issue details

Surrender of existing lease and grant of new in respect part St Owens Centre Symonds Street Hereford to Accordia Academies Trust

The St Owen’s Centre is owned by the council and part is leased to Barrs Court School now Accordia Academies Trust (the Trust) under a 25 year academy lease which expires in 2038.
Alterations and improvements have been carried out by the council using monies from the High Needs Capital Grant which is government funding to enhance Special Educational Needs (SEN) provision in the county
As a result of these works the Trust occupy a larger and improved area of the building enabling them to provide education to additional children with SEN needs and a new lease is required to reflect the larger area occupied
Terms for the surrender of the existing and grant of a new lease have been agreed with the Trust on the basis of the standard terms for an academy lease at a peppercorn rent with the following variations
The length of term which is to match the unexpired term of the existing lease
The council will retain responsibility for external repairs and provision to be made for the cost to be recharged to the Trust and the other occupier of the building

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 21/03/2024

Decision due: 14 March 2024 by Strategic Assets Delivery Director

Contact: Sarah Jowett, Strategic Assets Delivery Director Email: Tel: 01432 383302.