Decision Maker: Joint Executive Head: Assets and Property
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To approve a lease renewal to Age UK Surrey
for Offices at Japonica Court in connection with their charitable
activities. This will be granted in line with the following terms
1. A lease term of three years at £2660pa excusive of VAT, rates and other outgoings.
2. The Tenant will pay a service charge of £349pa reviewed annually in line with RPI
3. A mutual break clause any time after the first 12 months, giving 6 months’ notice.
4. The Council will insure the building and recover a proportion of the premium from the tenant.
The lease is being granted in accordance with the Council’s General Disposal Consent Powers and provides the ‘best consideration reasonably obtainable.
If you have any queries, then please contact Damien Cannell who will be happy to provide further information.
The current lease has expired and the tenant
is on a tenancy at will.
The decision meets the [statutory / policy
requirements for the Council and there were no alternative options
Publication date: 20/03/2023
Date of decision: 17/03/2023