28/11/2022 - To grant lease of Unit 30 (B4) Phase 2 Midleton Rd

To approve the grant of a full repairing insuring lease outside the Act 1954 of the above unit to L & J Interior Design Ltd
Company no: 11033274
in line with the following terms and conditions:
• The lease to be granted for a term of 10 years with a tenant only break in the 5th year.
• The rent has been agreed at £40,250 pa exclusive of service charge, business rates and VAT.
• The tenant is to provide 4 months’ rent plus a sum equal to VAT as a security deposit.
• Rn review on the 5th anniversary

Decision Maker: Joint Executive Head: Assets and Property

Decision due date: 26/12/2022

Lead officer: Charles Wood

Notice of decision: 28/11/2022

Anticipated restriction: Open