To enable the business to continue operating.
The current business model is no longer financially viable due to
increasing costs. The tenant has sourced grant funding for the new
community use in order to ensure the rent is paid for a further
year with an option for further funding for the remainder of the
lease (term expires August 2024) if the model proves
successful.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 12/10/2022
Decision due: 23 Jun 2022 by Head of Strategic Finance and Property
Contact: Lucy Smith, Principal Assets and Estates Surveyor Email: lucy.smith@eastherts.gov.uk.