Decision details

Leasing Council Owned Property to Start-up and Fledgling Businesses - MAR16/CAB/19

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

The Cabinet agreed:

 

1. A scheme to let Council owned retail and industrial units to fledgling and start-up businesses for short periods on ‘easy in easy out’ rent free terms at the following locations:

a)    Herlington Centre, Orton Malborne

b)    Pyramid Centre, Bretton

c)    Alfric Square, Woodston

d)    Saville Road, Westwood

 

2. That the Corporate Director Growth and Regeneration, in consultation with the Corporate Director Resources be given delegated authority to extend the scheme.

 

Reasons for the decision:

These proposals will assist with letting of Council owned vacant commercial units and supporting new and fledgling businesses in their early stages.

Alternative options considered:

Do nothing

 

The Council would remain financially liable for void rates and other property costs associated with void premises. The proposal recommended offers an opportunity to better manage the Council’s ongoing liabilities on vacant premises.

 

Interests and Nature of Interests Declared:

None.

Background Documents:

The Council’s Budget 2016/17 approved by Council on 9 March 2016.

 

Publication date: 21/03/2016

Date of decision: 21/03/2016

Effective from: 25/03/2016

Accompanying Documents: