Decision details
Tommyfield Market Shops
Decision Maker: Executive Director for Place & Economic Growth
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To approve a lease strategy for Tommyfield
shops
Decision:
RESOLVED - That:
The lease strategy for existing shop tenants be approved in line
with recommendations of the report.
Reasons for the decision:
Option 1 - Do nothing. However, this may
impact on the business's ability to forward plan and also the
Council's redevelopment proposals
Option 2 - To renew existing leases but request in a Court
application to insert a break option.
Option 3 -Agree new leases with landlord's break clauses.
Alternative options considered:
Option 1 - Do nothing. However, this may
impact on the business's ability to forward plan and also the
Council's redevelopment proposals
Option 2 - To renew existing leases but request in a Court
application to insert a break option.
Other reasons / organisations consulted
The portfolio holder and ward members were
consulted as well as officers in legals and finance.
Contact: James Tolan, Principal Regeneration Officer 0161 770 4537 Email: james.tolan@oldham.gov.uk Email: james.tolan@oldham.gov.uk.
Publication date: 05/02/2019
Date of decision: 21/01/2019
Effective from: 13/02/2019
Accompanying Documents:
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted