Decision Maker: Joint Executive Head: Assets and Property
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To approve the grant of the lease of the
Riverside Centre to Webuild Athletics Ltd in line it the following
terms and conditions.
The use will fall within Use Class E of the Town and Country Planning (Use Classes) Order 1987
The agreed term is 10 years; the rent is £25,000 pax; payable quarterly in advance; subject to a rent review on the 5th anniversary upwards only.
This provides the ‘best consideration reasonably obtainable’ where the proposed term exceeds seven (7) years.
If you have any queries, then please contact Jacqueline Stewart who will be happy to provide further information.
Grant of new lease
The decision meets the statutory & policy
requirements for the Council and there were no alternative options
Publication date: 07/03/2023
Date of decision: 07/03/2023