Decision details

Sublet of 5 Woodbridge Meadows lease to BC BBU Ltd to ATKINS RÉALIS UK LIMITED (Company Registration Number 00688424)

Decision Maker: Head of Asset Management

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:


The Council’s tenant BC BBU Ltd of the above property has requested that they be given licence to allow the sub-letting of 5 Woodbridge Meadows.

For a sub-letting: Atkins Realis UK Ltd

This will be for a period of circa 18 months at a rent of £100,000p.a. for temporary open storage and parking use in connection with a local contract.

The Council cannot unreasonably withhold or delay consent for such sub-letting.

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


Reasons for the decision:

In accordance with sound estate management practice.

Alternative options considered:

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

Source of Authority to take Decision:

Scheme of Delegation to Officers August 2024
Assistant Director – Assets and Property
Para. 3.8.5
In relation to premises leased or licensed to others:
e) to approve proposals for assignment, sub-letting or surrender of leases and for change of use;
In consultation with the Portfolio Holder and the Joint Service Director/ Relevant Assistant Director

Publication date: 27/08/2024

Date of decision: 28/08/2024