Agenda item

The Executive considered a report on St Georges Industrial Estate, which had recently been purchased by Surrey Heath Borough Council. There were 23 Light Industrial Units let out to businesses on varying terms and the report highlighted the need to be able to make commercial decisions within commercial tenant timescales.

The Head of Legal Services already had delegated authority on a number of estate management matters and it was proposed that the Scheme of Delegation of Functions to Officers be amended to authorise the Head of Legal Services to grant, in consultation with either the Council Leader or the Transformation Portfolio Holder, leases not subject to the provisions of the Landlord and Tenant Act 1954 and for a term of up to 25 years.

Resolved, that the Scheme of Delegation of Functions to Officers be amended to authorise the Head of Legal Services, in addition to those delegations already in place in respect of estate management matters relating to St Georges Industrial Estate, to grant, in consultation with either the Council Leader or the Transformation Portfolio Holder, leases not subject to the provisions of the Landlord and Tenant Act 1954 and for a term of up to 25 years.