Decision Maker: Joint Executive Head: Assets and Property
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To approve the reviewed rent of the above property leased to K J
Buchanan & Co Ltd assigned to Guildford Tyre Company
Limited.
In accordance with the Second Schedule of the lease, the passing
rent of £24,000 has been reviewed and it is proposed to
increase it to £25,000 for the period from 24th June 2021 to
23rd June 2026.
A memorandum will be endorsed on the lease recording this
review.
If you have any queries, then please contact Faye Gunner who will
be happy to provide further information.
To revise the rent.
The decision meets the statutory / policy
requirements for the Council and there were no alternative options
available
Publication date: 12/10/2021
Date of decision: 12/10/2021