Issue - decisions

Crown House Lease

15/12/2021 - Crown House Lease

That:

 

1)              the acquisition of a 5-year lease of the Crown House building, Toutley Road, Wokingham, at a cost of £275,000 per annum for the use as long-term temporary accommodation, be approved; and

 

2)              It be noted that there is an option to renew the lease in WBC’s favour for a further 5 years, at the passing rent at the end of the initial term.