Issue details - Commercial Property Lettings (Exempt Category 3)

Decision type: Key

Reason Key: Expenditure is greater than £1,000000;

Decision status: Recommendations Approved

Wards affected: West Hill & North Laine; Westbourne & Poets’ Corner;

Notice of proposed decision first published: 12/07/2024

Reason for urgency:
In respect of Café Unit at Outdoor Sports Hub, Kingsway, Heads of Terms for the lease are agreed and practical completion of the property is due on 6 September 2024. As a Key Decision the lease cannot complete until Cabinet agrees the recommendation. A delay to the lease completion would leave the building sitting vacant beyond practical completion at cost to the council. In addition, any delay to the lease completion will delay the council’s public announcement about the tenant and the café’s occupation.

Anticipated restriction: Fully exempt  - View reasons

Decision due: 18 Jul 2024 by Cabinet

Lead member: Cabinet Member for Finance and City Regeneration

Lead director: Corporate Director for City Services

Contact: Jessica Hamilton, Valuer Email: jessica.hamilton@brighton-hove.gov.uk Tel: 01273 291461.