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.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 07/12/2017
Decision due: 7 Dec 2017 by Director of Resources
Lead member: Cabinet Member for Regeneration, Enterprise and Economic Development