Decision details

Decision Maker: Corporate Director Planning, Growth and Sustainability

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Exemption from publication: There are confidential appendices to this report, which are exempt by virtue of paragraph 3 of Schedule 12A of Part 1 of Schedule 12a of the Local Government Act 1972 because they contain information relating to the financial or business affairs of any particular person (including the authority holding that information).

To renew the lease with the existing tenant on the terms agreed.

Reasons for the decision:

The lease had reached expiry and a renewed agreement was necessary. The terms of the lease renewal are in line with the market. The proposed lease renewal will generate a revenue to support delivery of the Council’s services.

Alternative options considered:

Not agreeing terms. This would lead to a loss of income whilst the property was remarketed.

Wards Affected: Abbey;

Details of any conflict of interest declared: There are no known conflicts of interest.

Contact: John Reed, Director of Property & Assets Email: John.Reed@buckinghamshire.gov.uk.

Publication date: 18/08/2023

Date of decision: 17/08/2023