Issue - decisions

Commercial Property Update

12/11/2025 - Commercial Property Update

Following consideration, the Committee resolved:

With 6 votes for and 1 abstention to:

(1)        Agree to Option 3 as recommended in paragraph 7.4 of the report to negotiate a new lease at the appropriate level of rent to reflect the mixed community and commercial uses being undertaken at the site. 

With 6 votes for and 1 vote against to:

(2)        Agree a budget of up to £10,000 to cover any potential external commercial agent fees and legal fees.

(3)        Nominate and authorise the Head of Property & Regeneration to take forward the necessary steps to progress the chosen option.