Issue details

OD/2316 Grant of Leases and Consent to Underlet to Bishop’s Stortford Town Council at Castle Park, Bishop’s Stortford

The Council has been working in partnership with Bishop’s Stortford Town Council on a project to improve and enhance Castle Park. Included in this project are proposals for a café and public conveniences to operate in the building currently known as Markwell Pavilion and a new community facility (to be known as the Markwell Studio) in the former public conveniences. Markwell Pavilion is owned by the Town Council but sited on land owned by this Council. There is an existing ground lease still running but it has been agreed that a new 70 year full repairing lease will be granted at an initial rent of £2,000p.a. (subject to review) and the Town Council will underlet and manage the building as a café and public conveniences. The Town Council will also operate and manage the newly furbished Markwell Studio as a community facility. The Council will grant a full repairing lease for 25 years at £1p.a. with the use restricted to community facility only. The granting of these two leases and the underlease to the café operator ensure these facilities are operated and managed to enhance the offering at Castle Park while removing the risk and financial liabilities to this Council and generate a small rental income.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 17/08/2023

Decision due: 16 Aug 2023 by Head of Strategic Finance and Property

Contact: Anna Osborne, Assets and Estates Manager Email: anna.osborne@eastherts.gov.uk Email: anna.osborne@eastherts.gov.uk.

Decisions