To grant of new protected 10 year lease.
The change in rent passing and the rent to be agreed upon renewal
is predicted to generate a change in value of +£200k in
income over the term of the lease; making this renewal a key
decision.
Decision type: Key
Reason Key: Income > £200,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 27/01/2022
Decision due: 14 Feb 2022 by Joint Executive Head: Assets and Property
Lead director: Director of Resources
Contact: Marieke van der Reijden, Joint Executive Head: Assets and Property Email: Marieke.van.der.Reijden@guildford.gov.uk.
Authority / Delegation: Council’s 16/12/2021 Constitution Part 3, Page 3-81 Para 3(a), Head of Asset Management (Climate Change Lead) in consultation with the appropriate lead councillor and subject to being satisfied that the Council will receive the best consideration reasonably obtainable: Subject to consultation with the Chief Finance Officer to accept terms for the granting, renewing, reviewing and varying of leases of Council owned land and property held in the General Fund