Decision details

Asset Management (Property) Transaction - Brooker Road Waltham Abbey

Decision Maker: Commercial & Regulatory Services Portfolio Holder

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

(1)        That EFDC allow the surrender of the persisting long ground lease at Units 114, 115 and 116 Brooker Road in return for granting a capital premium and a short leaseback to the tenant. This is in line with existing Asset Management Strategy and Corporate Plan on this estate.

 

Publication date: 14/04/2021

Date of decision: 14/04/2021

Effective from: 22/04/2021

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