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 deed of variation to the existing leasehold at Unit 23/24 Friars Square, and the regearing of the leasehold
interest held by the same at Kiosk 6 Friars Square.

Reasons for the decision:

The deed of variation and regear of the two leasehold interests will help
secure the occupation of the tenant for the medium term and maintain them trading within
Friars Square. The proposed variation and regear help generate a revenue to support delivery
of the Council’s services and meet the Council’s obligations under Section 123 of the Local
Government Act 1954.

Alternative options considered:

Not to progress with the deed of variation
and regear. This would likely result in the tenant surrendering their lease and the unit falling
vacant, until 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: 02/02/2023

Date of decision: 02/02/2023