Decision made to enter into a lease of commercial property at Sandy Hill Lane to The Dyslexia Shop.
Reason: The Decision was taken for the following reasons:
· Opportunity to strategically manage the Council’s estate. The Council owns the freehold of the land. The area is designated as industrial land.
· The tenant has been in operation for several years.
· An independent valuation was obtained confirming the Market Rent and the investment by the tenant including improvements to the ground and internal decorations.
There were no alternative sites to consider.
There are no Crime & Disorder, Equality, Social Value in Contracts, HR, Legal, or ICT implications.