Decision details

New Lease 45 Elizabeth Road, Bishops Stortford

Decision Maker: Head of Strategic Finance and Property

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To maintain rental income until property is required for redevelopment

Decision:

The Head of Strategic Finance and Property acting under authority delegated within Part 3c, paragraph 13.15 of the council’s Constitution has decided to grant a new 3 year lease to the current tenant with landlord break option.

Alternative options considered:

Option 1 - Continue lease
Option 2 - Break lease and East Herts bears void costs


Publication date: 10/02/2022

Date of decision: 07/02/2022

Accompanying Documents: