Issue details

To enter into a commercial lease with High Oak Business Centres for parts of the Council offices at Wallfields, Pegs Lane, Hertford

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 28/03/2025

Reason for urgency:
Members have been consulted on the proposal to lease parts of Wallfields throughout, including whether to enter into negotiations with High Oak Business Centres, at meetings of the Modern Workspaces Member Stakeholder Group ("MWMSG"). The MWMSG was set up specifically for this purpose, was consulted on the proposed terms of the lease and gave their support to enter into it at the earliest opportunity. Following several months of negotiation, both parties are now in a position to enter into a lease, however, a delay of 28 days would have a significant impact on High Oak's ability to successfully market their new business location, and could lead to the collapse of the proposed lease. It is therefore impractical to delay entering into the lease for 28 days.

Decision due: Not before 7th Apr 2025 by Head of Housing and Health

Documents