GSK (formerly Glaxo Properties Ltd) hold a 125
year ground lease from the Council for their premises in Park Road,
Ware. A strip of amenity land at the site entrance was omitted from
this lease. The land has been used by the company to site their
signboard on and forms part of the access into their property. It
has been maintained by the company to a good standard as grassed
amenity land. Terms have been agreed to regularise this situation
and grant a new lease for 95 years terminating on 23 November 2120
co-terminus with the existing lease of the remainder of the site.
GSK will pay a premium of £5,000 to the Council and a
peppercorn rent. GSK will be responsible for all maintenance and
repair of the land and any other outgoings. The Council will have
no financial or maintenance responsibilities. All other terms will
be in line with the existing lease.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 12/11/2025
Decision due: 12 Nov 2025 by Director for Communities
Contact: Anna Osborne, Assets and Estates Manager Email: anna.osborne@eastherts.gov.uk 01992 531663 Email: anna.osborne@eastherts.gov.uk.