Proposed Lease Surrender - 11 Gladstone Terrace
Report of the Strategic Directors, Children, Adults and Families and Housing, Environment and Health Communities
Minutes:
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Consideration has been given to the surrender of a lease held by the Council on number 11 Gladstone Terrace, to facilitate the development of a new Youth Service in the building, by the owner, BBC House Boys Club and the Young Women’s Outreach Service. |
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RESOLVED - |
(i) |
That the surrender of a lease held by the Council on 11 Gladstone Terrace be approved. |
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(ii) |
That a simultaneous surrender of the Under Lease of 11 Gladstone Terrace held by Walking with the Wounded be approved. |
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(iii) |
That the Service Director, Property Assets and Traded Services be authorised to negotiate the detailed terms of both surrenders. |
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The above decisions have been made for the following reasons: |
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(A) |
To reduce the number of Council operational assets and holding costs. |
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(B) |
To enable the BBC House Boys Club and the Young Women’s Outreach Service to develop a new youth service from number 11 Gladstone Terrace. |