Decision Maker: Joint Assistant Director: Assets and Property
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The lease of 122,124a & 124b expires on
the 8th July 2025 and in anticipation of the expiry (Lease inside
the Act) GBC have instructed Property Agents Green & Partners
to first engage in negotiations with the present Tenant, The Body
Shop to ascertain whether a lease renewal can be agreed. Should
lease renewal discussions not be successful Green & Partners
are instead instructed to act on behalf of GBC in respect of a new
Agency Letting.
In order to identify a suitable Property
Consultant to undertake the instruction, GBC ran an invitation to
quote asking three separate Property Consultants to provide a fee
proposal. The fee proposal put forward by Green & Partners was
competitive, furthermore they provided a comprehensive submission
showcasing their experience of the retail pitch in question.
Consideration of these two factors let to Green & Partners
being selected as the preferred Property Agent to undertake this
instruction.
None
Scheme of Delegation to Officers December
2024
Joint Assistant Director – Assets and Property
Para 2.8.7 To take any action in relation to procurement and the
letting of contracts for goods and services, within approved
budgets.
Where specified in Contract Procedure Rules, JSD Finance and JSD
Legal & Democratic Services
Publication date: 04/02/2025
Date of decision: 04/02/2025