Decision details

Acquisition of 21-25 (odd) Thompson Lane, Chadderton, Oldham, OL9 8LX [Chadderton South]

Decision Maker: Director of Economy

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The purpose of the report is to seek approval for the Council to accept a surrender of a long-leasehold interest held by the Riverside Group in respect to the now vacant property at 21-25 (odd) Thompson Lane, Chadderton.

Decision:

RESOLVED - That the Council proceed to accept the surrender of the long-leasehold interest held by the Riverside Group in respect to 21-25 (odd) Thompson Lane. The terms of the surrender are set out in Appendix Two of the report.

Reasons for the decision:

Option 1 - Do nothing and not accept the surrender.
Option 2 - Accept the surrender in accordance with the terms set out in Appendix Two.

Alternative options considered:

Option 1 - Do nothing and not accept the surrender.

Publication date: 14/03/2019

Date of decision: 13/03/2019

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