Issue details - Commercial Property Lettings
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Issue details
Commercial Property Lettings
This report sets out proposals to grant new
leases for two commercial properties, one within the Seafront
Portfolio and one within the Commercial Property Investment
Portfolio.
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.
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.
Decisions
- 19/07/2024 - Commercial Property Lettings
Agenda items
- 18/07/2024 - Cabinet Commercial Property Lettings 18/07/2024
Documents
- Commercial Property Lettings