Decision - Pier Point Restaurant, Torbay Road, Torquay (Mayoral Decision)

Pier Point Restaurant, Torbay Road, Torquay (Mayoral Decision)

Decision Maker: Elected Mayor

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Torbay Council to enter into an Agreement for Lease to allow the existing tenants to invest in and extend their premises and then, following their completion, to have a new long lease.

Decision:

That the decision taken by the Mayor on 23 July 2015 set out below be withdrawn.

“That the Council enters into an Agreement for Lease to allow the existing tenants of the Pier Point Restaurant to carry out works to extend the ground floor and to create a first floor to the existing restaurant premises and, upon completion of these works, to grant a 125 year lease to the existing tenants on terms previously agreed with the Mayor, Chief Executive of the Torbay Development Agency and the Council’s Chief Accountant.”

Reasons for the decision:

To enable the matter to be considered further.

Alternative options considered:

None

Implementation:

This decision will come into force and be implemented immediately.

Information:

At the Council meeting held on 23 July 2015, Members considered the submitted report on a proposed 125 year lease to the existing tenants of the Pier Point Restaurant to enable them to carry out works to extend the ground floor and to create a first floor extension to the existing restaurant premises.

The Mayor approved the proposal on 23 July but wishes to withdraw his decision to enable the matter to be considered further.

Any decision of the Mayor in respect of Pier Point Restaurant will be published.

Publication date: 03/08/2015

Date of decision: 31/07/2015