Decision Maker: Deputy Head of Asset Management
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To approve the grant of the lease of The Yard
at The Rock, Thornberry Way, Slyfield Industrial Estate in line
with the following terms and conditions:
Rent = £2.75 per sq ft (Simon Goldsworthy is going to measure the yard space to calculate the finalised rent, using an online measurement tool the space is approximately 15,000sq ft which would equate to £41,250).
Term = 3 months and then a rolling monthly lease.
Break = One months notice.
The lease being agreed will allow access to the industrial unit for GBC to complete the necessary refurbishment works, it will also provide additional security for the site.
The rent will be payable monthly in advance.
If you have any queries, then please contact Simon Goldsworthy who will be happy to provide further information.
To grant a new lease to Think Ford for the
Yard space at The Rock, Thornberry Way.
The decision meets the policy requirements for
the Council and there were no alternative options
Publication date: 30/03/2020
Date of decision: 30/03/2020