Decision - Acquisition and Leaseback of Land and Buildings at Moulsecoomb Way

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Decision details

Acquisition and Leaseback of Land and Buildings at Moulsecoomb Way

Decision Maker: Policy & Resources Committee

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

This report proposes the acquisition of an existing property and simultaneously grant of a lease to the current owner to facilitate the refurbishment and occupation of the building and support local economic growth and employment.

Decision:

RESOLVED: That it be agreed that the council should acquire the building at Moulsecoomb Way (shown in Part One Appendix 1) and simultaneously grant a 25-year lease to Custom Pharma at a market rent.

Report author: Angela Dymott

Publication date: 08/10/2020

Date of decision: 08/10/2020

Decided at meeting: 08/10/2020 - Policy & Resources Committee

Accompanying Documents:

 


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