1. Shop at 4 Blackford Road, Paisley - Report
Renfrewshire Council · 28 August 2024
Back to Infrastructure, Land and Environment Policy Board — 28 August 2024 and its agenda
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___________________________________________________________________ To: Infrastructure Land & Environment Policy Board On: 28 August 2024 ___________________________________________________________________ Report by: Chief Executive ___________________________________________________________________ Heading: Shop at 4 Blackford Road, Paisley ___________________________________________________________________ 1. Summary 1.1 The purpose of this report is to seek approval to a new lease of 4 Blackford Road, Paisley to TCTrading (Scotland) Ltd. ________________________________________________________________ 2. Recommendations 2.1 It is recommended that the Infrastructure Land & Environment Policy Board approve a new lease of 4 Blackford Road, Paisley to TCTrading (Scotland) Ltd based on the contents of this report. _________________________________________________________ 3. Background 3.1 The shop at 4 Blackford Road, Paisley has been vacant since August 2023. It was subsequently marketed as available for lease and a closing date for offers was set on 28 June 2024. Offers of rent in the region of £9,500 per annum were sought for this 800 square foot property. Two offers to lease were received in accordance with the closing date arrangement. 3.2 The two offers received have been assessed and the proposal is to conclude a lease with TCTrading (Scotland) Ltd on the following main terms and conditions. o The lease shall be for a period of 15 years and shall be on the Council’s standard full repairing and insuring lease.
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o The initial rent shall be £9,500 per annum, with rent reviews on a 5 yearly cycle. o A 3 month rent free period shall be granted at the start of the lease in recognition of investment works to be undertaken at the property by the tenant. o The property shall trade as a Pharmacy. o The tenant is responsible for obtaining all appropriate Health Board, planning, licensing and statutory consents required in connection with the proposed use. o The Tenant shall meet the Council’s reasonable legal expenses incurred in concluding the lease. o If the lease is not concluded within 6 months of the date of this Board, the property shall be remarketed for lease. o Any other reasonable terms and conditions considered necessary by the Head of Corporate Governance. ___________________________________________________________________ Implications of the Report 1. Financial – Annual rental of £9,500 to be received. 2. HR & Organisational Development – None. 3. Community Planning – Secures long term tenancy in vacant commercial. property. 4. Legal – New lease required. 5. Property/Assets – As per this report. 6. Information Technology – None. 7. Equality & Human Rights The Recommendations contained within this report have been assessed in relation to their impact on equalities and human rights. No negative impacts on equality groups or potential for infringement of individuals’ human rights have been identified arising from the recommendations contained in the report because no groups or individuals have any involvement currently at the property. If required following implementation, the actual impact of the recommendations and the mitigating actions will be reviewed and monitored, and the results of the assessment will be published on the Council’s website. 8. Health & Safety – None.
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9. Procurement – Not applicable. 10. Risk – None. 11. Privacy Impact – Not applicable. 12. Climate Risk – Not applicable. 13. Children’s Rights – Not applicable. 14. Cosla Policy Position – Not applicable. _________________________________________________________ List of Background Papers – None. ___________________________________________________________________ Author: andrew.smith@renfrewshire.gov.uk; 07534 154048
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