Decision details

Grant of the Contacted-Out Lease of Unit 7 Lysons Enterprise Estate, Ash Vale

Decision Maker: Head of Asset Management

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:


To approve the grant of the lease of Unit 7 Enterprise Estate, Station Road West to Advanced Control Solutions Limited, in line with the following terms and conditions:

For grant of a new lease the rent will be £9,500 per annum (from £9,000 per annum) exclusive of business rates and service charge.

The agreed term is 3 years.

The rent will be payable monthly in advance.

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


Reasons for the decision:

To grant a new lease of Unit 7 Lysons Enterprise Estate, Ash Vale

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:


Scheme of Delegation to Officers January 2025
Assistant Director – Assets and Property
Para. 3.8.3
To acquire and dispose of land and property in connection with the Council’s functions and to grant leases, variations, tenancies, rights, easements, licences, consents and wayleaves of, in, or over buildings or land in connection with the Council’s functions, in accordance with Council policies and within the approved General Fund capital programme.
In consultation with the Portfolio Holder
JSD Finance
Portfolio Holder – Housing
(in respect of HRA
commercial leases)
Any relevant AD

Publication date: 06/03/2025

Date of decision: 06/03/2025