Decision Maker: Strategy and Resources Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Following consideration, the Committee unanimously resolved to:
(1) Agree to extend the two commercial leasehold interests by 100 years and 50 years as described in paragraphs 1 and 2 of Exempt Appendix 1 to the report.
(2) Note that the two lease extensions will generate a combined capital receipt of £52,500 on completion.
(3) Nominate and authorise the Head of Property & Regeneration to take all necessary actions further to the above decision being made, to progress the lease to completion.
Report author: Mark Shephard
Publication date: 19/03/2026
Date of decision: 17/03/2026
Decided at meeting: 17/03/2026 - Strategy and Resources Committee
Accompanying Documents: