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:

The grant of a new lease to Nero Holdings Ltd.

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:

Not to progress with the renewal. This would result in the unit falling vacant whilst a new occupier is found. This would be to the financial detriment of the Council.

Wards Affected: Aylesbury North;

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: 02/12/2022

Date of decision: 02/12/2022