Decision details
Review a Protected Lease of Burchatts Farm – Model Engineering Society
Decision Maker: Joint Executive Head: Assets and Property
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Decision:
To approve rent review of Burchatts Farm
– Guildford Model Engineering Society Limited (GMES)
The rent has been reviewed by an independent RICS valuer pursuant
to clause 2(3) of the lease dated 03/10/1997.
The rent will be adjusted from £2,125 pa to £3,000 pa
for the next seven years of the lease.
If you have any queries, then please contact Damien Cannell who
will be happy to provide further information
Reasons for the decision:
Required Rent Review
Alternative options considered:
The decision meets the statutory/policy
requirements for the Council and there were no alternative options
available
Publication date: 26/09/2022
Date of decision: 23/09/2022
Effective from: 04/10/2022