Decision details

Assignment of Lease from The Kite Academy Trust to South Farnham Educational Trust at Wyke School Reception Building.

Decision Maker: Deputy Head of Asset Management

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Council’s tenant The Kite Academy Trust of the Wyke School Reception Building has requested that they be given a licence to assign the lease of the property. The proposed assignee is South Farnham Education Trust.

The assignor will be bearing the cost of the Council’s legal fees.

If you have any queries, then please contact Mark Appleton who will be happy to provide further information.

Reasons for the decision:

In the interests of good estate management.

Alternative options considered:

The decision meets the policy requirements for the Council and there were no alternative options available.

Source of Authority to take Decision:

Council’s 15/5/2024 Constitution Part 3, Page 3-63 Para 4(e), Executive Head: Assets and Property in relation to the Council’s land and premises leased or licensed to others and in consultation with the appropriate lead councillor and relevant Joint Director:

To approve proposals for assignment, sub-letting or surrender of leases and for change of use

Publication date: 11/06/2024

Date of decision: 11/06/2024