Issue details

37-39 Moorfield Road, Slyfield Industrial Estate

Tenant to agree 24/12/2020 rent review at £87,500 pa only on the basis that GBC agrees to widen the permitted use to include Car Sales.
Current passing rent £39,000 pa.

Decision type: Key

Reason Key: Income > £200,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 27/01/2022

Decision due: 21 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 4(a), Head of Asset Management (Climate Change Lead) in relation to the Council’s land and premises leased or licenced to others and in consultation with the appropriate lead Councillor and relevant Director: To approve revisions in rent and 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