Agenda and minutes

Councillor Glyn Jenkins – health issues

Councillor Toby Neal – other Council business

Councillor Andrew Rule – leave

Councillor Dave Smith – health issues

None.

Bevis Mackie, Senior Estates Surveyor introduced the report of the Interim Director of Strategic Asset and Property Management, which informed the Committee that, further to the approval by the Committee of the proposed terms and price at the meeting on 29 July 2016, the prospective tenant has since proposed a revised and reduced offer. Following negotiations, the proposed terms of the new lease are provided within the exempt appendix to the report.

RESOLVED to note the report.

Further to the Committee’s approval to purchase the freehold interest in 36-48 Main Street, Bulwell, Nottingham, NG6 8EW at the 16 September 2016 meeting, Bevis Mackie, Senior Estates Surveyor, informed the Committee that due to a low rated energy efficiency rating, which had not been available at the time of the recommendation, the purchase was not progressing.

Once a new independent energy efficiency survey is provided, Senior Surveyors will re-assess the feasibility of the purchase with consideration to the potential costs involved to raise the energy efficiency rating to enable the commercial property to comply to the ‘Minimum Energy Efficiency Standards’ set in legislation to be grade ‘E’ or above by April 2018.

A further report or update will be submitted to the Committee once all necessary information is available.

RESOLVED to note the update.

Bevis Mackie, Senior Estates Surveyor, presented the report which informs the Committee that ‘Homeserve PLC’ has requested to increase their rented space to include an additional unit due to the expansion of the business.

If expansion is not possible at this site then the business would need to move location.

The report recommends the granting of a new lease.

RESOLVED  to approve terms for the granting of a new lease to Homeserve PLC as detailed in the exempt Appendix.

To consider excluding the public from the meeting during consideration of the remaining items in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

RESOLVED to exclude the public from the meeting during consideration of the remaining items in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighs in the public interest in disclosing the information.

To follow

Bevis Mackie, Senior Estates Surveyor, presented the exempt appendix to the report of the Director of Strategic Asset and Property Management.

RESOLVED to approve the recommendations set out in the report and added to at the meeting.