Issue details
Lease Restructure – 401 Mile End Road, E3
Authority is sought to surrender the existing
lease of 10 years and take a new lease of 15 years.
The annual rent of £120,159 will remain the same, and Cabinet
authority is being sought as the annual rent is beyond delegated
authority levels.
Decision type: Non-key
Decision status: Issue Closed in System
Wards affected: Bow West;
Notice of proposed decision first published: 30/08/2022
Decision due: 26 Oct 22 by Cabinet
Lead member: Mayor
Lead director: Corporate Director, Place
Department: Place
Contact: Stephen Shapiro, (Acting Director of Property and Majory Programmes) Email: Stephen.Shapiro@towerhamlets.gov.uk.
Has an Equality Analysis been carried out and if so the result of this Assessment?: N/A
What supporting documents or other information will be available?: Existing lease Original Cabinet Approval dated 27 March 2019
Documents
- Lease Restructure – 401 Mile End Road, E3