Decision Maker: Officer Decision
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The rental value is in excess of £10,000 but the authority to grant this lease is Delegated to the Operations Manager – Property Services. The lease terms are confidential between the parties.
The property was marketed openly, and the tenant was selected as a result of this process.
A new lease has been granted of the warehouse at IP City.
The new tenant in occupation is Global International Trading Ltd who have taken a new 7 year lease.
Publication date: 11/12/2019
Date of decision: 31/10/2019