Decision details

Grant of a Contacted-Out Lease of Units 10 and 11 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 Units 10 and 11 Enterprise Estate, Station Road West to Nigel and Paula Clinch t/a Elgamec Limited, in line with the following terms and conditions:

For grant of a new lease the rent will be £16,850 per annum (from £16,350 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 Units 10 and 11 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.

Publication date: 24/03/2025

Date of decision: 14/03/2025