Issue details

Lease renewals and rent review settlements for various commercial properties

The paper will set out proposed terms for rent review settlements for Wickes and Costa Coffee and a new lease for Pizza hut at Colonnades and the grant of a new lease at Allied Healthcare at Vulcan Way, New Addington. All of the agreements, when considering the rents over the period of the lease are Key Decisions.

Decision type: Key

Reason Key: Expenditure > £1,000,000;

Decision status: For Determination

Notice of proposed decision first published: 22/03/2023

Anticipated restriction: Part exempt  - View reasons

Financial Impact: Expenditure or savings of up to £5,000,000;

Decision due: 24 May 2023 by Cabinet

Lead member: Cabinet Member for Finance

Lead director: Corporate Director of Resources (Section 151)

Department: Resources Directorate

Contact: Stephen Wingrave, Head of Estates and Asset Management Email: stephen.wingrave@croydon.gov.uk.