Decision Maker: Deputy Head of Asset Management
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To approve the grant of a new lease of part of
Sutherland Memorial Park Cricket Pavilion, for the purposes of
equipment storage to Guildford City Cricket Youth Project
Terms are as follows:
• Five-year lease
• Rent review after three years at RPI
• Tenant only break option after three years with a six-month notice period.
For grant of a new lease the rent will be £75.00 per annum inclusive of service charges and in accordance with the Council’s General Disposal Consent powers, provides the ‘best consideration reasonably obtainable’.
The rent will be payable annually in advance and subject to an uplift in line with the Retail Price Index after three years.
If you have any queries, then please contact Damien Cannell who will be happy to provide further information.
The decision meets the statutory / policy
requirements for the Council and there were no alternative options
Publication date: 09/08/2022
Date of decision: 09/08/2022
Effective from: 18/08/2022