Decision Maker: Assistant Director: Assets and Property
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To approve the reviewed rent of the above
property leased to Screwfix Direct Ltd
The rent has been reviewed by an independent RICS valuer pursuant
to schedule 2 of the lease dated 26th May 2017.
The annual passing rent of £39,540 will be adjusted to
£53,163 as at 26 May 2022.
A memorandum will be endorsed on the lease recording this
review.
If you have any queries, then please contact Jacqueline Stewart who
will be happy to provide further information.
Rent Review
The decision meets the statutory requirements
for the Council and there were no alternative options
available.
Publication date: 14/12/2022
Date of decision: 13/12/2022