Issue - decisions

Grant of a new Contracted-Out Lease of Units 17 & 18 Midleton Enterprise Park to Vacuums4U Ltd

08/08/2024 - Grant of a new Contracted-Out Lease of Units 17 & 18 Midleton Enterprise Park to Vacuums4U Ltd


To approve the grant of a new lease of Unit 17&18 at Midleton Enterprise Park on the following terms:

Term: 5 Years
Rent: £32,280 p.a.
Rent Free: None
Deposit: £6,456
Breaks: Tenant Option to break after 3 years
Reviews: None

Please note that this letting will also involve a surrender of the lease currently held by Vacuums4U of Unit 35 at Midleton Enterprise Park, dated 29/04/2022 which is a 5 year term at £14,250 p.a. The tenant will be required to return this unit in good repair and condition for immediate re-letting. N.b. this surrender is approved under a separate DA.

If you have any queries, then please contact George Musgrave who will provide further information.