58 Bourne Hall Bungalow
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This report considers the lease renewal of Bourne Hall Bungalow.
Decision:
Following consideration, the Committee unanimously resolved to:
(1) Renew the existing 1-year commercial lease to the operating company of Epsom Primary Care Network (part of the NHS) for a term of 3 years subject to an option to break the lease on 3 months’ written notice. The lease break option would be exercisable by either party after the first 12 months. All other lease terms to be carried over.
(2) 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.
Minutes:
The Committee received a report considering the lease renewal of Bourne Hall Bungalow.
Following consideration, the Committee unanimously resolved to:
(1) Renew the existing 1-year commercial lease to the operating company of Epsom Primary Care Network (part of the NHS) for a term of 3 years subject to an option to break the lease on 3 months’ written notice. The lease break option would be exercisable by either party after the first 12 months. All other lease terms to be carried over.
(2) 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.