Issue details

The Bridge - Bridge Street, Guildford

To surrender and regrant the lease to allow an extension pf the term from 89 years to 130 years and to vary the user clause to permit Student Accommodation Only with consent for ACM (the Academy of Contemporary Music) to occupy specific and agreed floor areas at a premium

Decision type: Key

Reason Key: Income > £200,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 26/04/2023

Decision due: 31 May 2023 by Deputy Head of Asset Management

Lead member: Lead Councillor for Finance and Property

Lead director: Joint Strategic Director - Place

Contact: Mark Appleton Email: mark.appleton@guildford.gov.uk.

Authority / Delegation: Council’s 8/12/2022 Constitution Part 3, Page 3-67 Para 1, allows the Executive Head: Assets and Property: To undertake the general management and control of the Council’s land and property holdings and to achieve the best economic and social use of land and buildings, including their appropriation for the purposes of achieving the Council’s priorities