Issue details

OD/2319 Lease Renewal, 14 Fleming Crescent, Hertford

To renew the lease for an existing business tenancy and maintain and increase the revenue income for the Council.
The current tenant has requested that the new lease be in the name of his company, G. Pickett Butchers Ltd. A review of the last three years trading accounts suggests that the company will be able to meet the rental payments.
A yearly stepped rent arrangement has been agreed commencing at £8,000 pa in year one to £8,750 pa in year five.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 14/09/2023

Decision due: 7 Sep 2023 by Head of Strategic Finance and Property

Contact: Lucy Smith, Principal Assets and Estates Surveyor Email: Email: