Decision Maker: Cobtree Manor Estate Charity Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To approve the re-letting of 4 Stream
Cottages, Forstal Road, Maidstone,
following the surrender of the sub-lease by the
tenant.
Decision:
1. That agreement
be given to the re-letting of 4 Stream
Cottages, Forstal Road, Maidstone on a
minimum 22 year sub-lease following the surrender of the sub-lease
by the tenant due to medical reasons.
2. That the Head
of Property and Procurement be authorised to agree heads of terms
for the new sub-lease based generally on the provisions of the
former sub-lease and that the Head of Legal Services be authorised
to then complete the documentation.
Reasons for the decision:
Estate
properties are let to maximise income
for the Charity known as the Cobtree
Manor Estate. Every effort will be made
to re-let 4 Stream Cottages as quickly as possible to ensure that
there is a continued income from the property.
The
sub-lease will be for a minimum period of 22 years to avoid any
tenant acquiring the ‘right to buy’ which could then be
exercised against the Council in its capacity as the long leasehold
owner.
Alternative options considered:
The
alternative would be to sell the property. This is not considered
appropriate as it would reduce the regular income received by the
Charity over the long term.
Wards Affected: Boxley Ward;
Details of the Committee: None.
Contact: Joanna Joyce Email: joannajoyce@maidstone.gov.uk.
Report author: Joanna Joyce
Publication date: 13/07/2012
Date of decision: 11/07/2012
Decided: 11/07/2012 - Cobtree Manor Estate Charity Committee
Effective from: 21/07/2012
Accompanying Documents: