Decision

The Council has decided to renew the lease with an existing tenant at a property.

Analysis

outcome: Recommendations were approved to renew the lease.

summary: The decision involves renewing a lease with an existing tenant at a property.

topline: The Council has decided to renew the lease with an existing tenant at a property.

reason_contentious: This issue is not particularly contentious as it benefits both the Council and the tenant.

affected_stakeholders: ["Council", "Tenant", "Local community"]

contentiousness_score: 2

political_party_relevance: There are no mentions or implications of political parties influencing the decision.

URL: https://modgov.north-norfolk.gov.uk/ieDecisionDetails.aspx?ID=617

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: Decision RESOLVED to approve   The renewal of the lease with the existing tenant as per Option 1 detailed in the exempt appendix. Delegate approval to the Asset Strategy Manager to agree the exact terms of the above legal agreement.   Reason for the decision:   Granting a new lease at the property will secure the Council’s revenue income from the property at a market rent ensuring best value is achieved in line with the Council obligation under the Section 26 of the Local Government Act. Granting a new lease at the property will provide security to the tenant’s business and secure jobs in the district.  

Date of Decision: July 7, 2025