logo

[
  • Online Services
  • Contact us
Home
  • Council & democracy
  • Council meetings
]
  • Introduction
  • What's new
  • Councillors
  • Calendar
  • Committees
  • Constitution
  • Ways of participating
  • Petitions
  • Election Results
  • Forward Plans
  • Forthcoming Decisions
  • Outside Bodies
  • Search
  • Subscribe to Updates
]
Home > Council & democracy > Council meetings > Decisions for issue Lease Renewal at Sutton Street Depot, 6 Sutton Street, London, E1 0AY

Issue - decisions

Lease Renewal at Sutton Street Depot, 6 Sutton Street, London, E1 0AY

  • Individual Decision Notice PDF 226 KB
  • Issue Details
  • Issue History
  • Related Decisions
  • Related Meetings
 

 

24/09/2021 - Lease Renewal at Sutton Street Depot, 6 Sutton Street, London, E1 0AY

Pre-Decision Scrutiny Questions and officer responses were noted.

 

DECISION

 

1.    To grant a new 3-year lease, excluding security of tenure, to the existing occupier of 6 Sutton Street at a rent of £125,000 per annum, subject to an initial 12 month rent free period.

 

2.    To approve the repayment of £80,000 in arrears by virtue of an up-front payment of £40,000 with the balance payable after 3 months after completion of the lease.

 

3.    To agree a Schedule of Works with the tenant to be appended to the lease and to be completed within 6-months of completion.  These works are appended at Appendix 1 to the report.

 

Action by:

CORPORATE DIRECTOR, PLACE (A. SUTCLIFFE)

(Interim Head of Asset Management (S. Shapiro)

 


 

[
© Tower Hamlets | Legal notices