Decision Maker: Director of Resources
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To seek approval of a 10 year lease to Pure Jump (Rugby) Ltd at the former PAGL unit of the Golden Mile Centre, securing an all-inclusive rental income of £120,000 per annum, pending future re-development of the site which is accounted for by provision of a development break-clause after 3 years and then 12 months thereafter. A relocation clause is also included to provide the opportunity for the Council to accommodate the business within the CLQ development within the first three years.
To approve 10 year lease to Pure Jump (Rugby) Ltd on basis outlined in Heads of Terms.
Publication date: 07/12/2017
Date of decision: 07/12/2017
Accompanying Documents: