Decision

The City Mayor has decided to approve a lease renewal for a Community Asset Transfer of a former Community Centre in Leicester to Team Hub CIC for 10 years.

Analysis

outcome: Approval was granted for Team Hub CIC to be granted a new 10 year CAT lease at a peppercorn rent with an annual fee payable to the Council for administration services.

summary: The decision involves seeking approval for a lease renewal for a Community Asset Transfer of a former Community Centre in Leicester to Team Hub CIC for 10 years.

topline: The City Mayor has decided to approve a lease renewal for a Community Asset Transfer of a former Community Centre in Leicester to Team Hub CIC for 10 years.

reason_contentious: This issue may be contentious as it involves the renewal of a lease for a community asset, which could impact local stakeholders and community services.

affected_stakeholders: ["City Mayor", "Team Hub CIC", "Local community members"]

contentiousness_score: 5

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

URL: https://cabinet.leicester.gov.uk/ieDecisionDetails.aspx?ID=1435

Decision Maker: City Mayor (Individual Decision)

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose: To seek approval for a lease renewal for a Community Asset Transfer (CAT) of  New Parks (former Community Centre), St Oswald’s Road, New Parks Way, Leicester, LE3 6RJ to Team Hub CIC for 10 years outside the Landlord and Tenant Act 1954.

Content: To seek approval for a lease renewal for a Community Asset Transfer (CAT) of  New Parks (former Community Centre), St Oswald’s Road, New Parks Way, Leicester, LE3 6RJ to Team Hub CIC for 10 years outside the Landlord and Tenant Act 1954. To approve that Team Hub CIC shall be granted a new 10 year CAT lease, contracted out of the Landlord & Tenant Act 1954 at a peppercorn rent (with a rent review in the fifth year of the term) with an annual fee of £2,500 payable to the Council for administration services which includes building inspection and compliance checks and other terms in accordance with the Council’s standard community asset lease. The approval of the CAT lease will support a community service provision. The decision is reserved to the City Mayor as the lease term extends over 7 years. Option of freehold disposal was discounted in favour of a continued community service provision as the existing tenant has met all conditions relating their CAT lease obligations of their existing tenancy.  

Date of Decision: December 2, 2024