Decision Maker: Corporate Director Planning, Growth and Sustainability
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
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).
The Council approves the granting of a Tenancy at Will as an interim measure and
the renewal of the lease with the existing tenant on the terms agreed.
Reasons for the decision:
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 and
meeting the Council’s obligations under Section 123 of the Local Government Act 1954.
Alternative options considered:
Remarketing the property. This would not have
achieved a higher rent.
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: 13/11/2023
Date of decision: 14/12/2022