Decision details

Lease Renewal, 43 Elizabeth Road, Bishop's Stortford

Decision Maker: Head of Housing and Health

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The current lease will expire shortly and the tenant would like a new lease on similar terms. Granting a new lease on the terms agreed will maintain rental income and will provide flexibility to both parties.

Decision:

Grant a new 3 year lease for 43 Elizabeth Road, Bishop's Stortford, with a mutual break option

Alternative options considered:

Option 1 - To renew the lease with the terms agreed.
Option 2 - To reject the agreed terms and require the current tenant to vacate the premises

Publication date: 07/07/2025

Date of decision: 20/06/2025

Accompanying Documents: