Decision details

Lease Variation: Concord and Sycamore House, London Road

Decision Maker: Cabinet Member for Resources and Financial Governance

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes




1.    Approve the variation of the existing lease terms for the long leases for Concord and Sycamore House on the basis set out in section 3.2 of the report.


2.    Note the potential opportunity to secure a further capital receipt through the extension of the lease terms.

Reasons for the decision:

As set out in the report

Alternative options considered:

As set out in the report

Interests and Nature of Interests Declared:


Publication date: 27/07/2021

Date of decision: 19/07/2021

Effective from: 28/07/2021

Accompanying Documents: