Assignment of Lease of Babbacombe Beach Café, Store, WCs and Car Park, Torquay
Decision Maker: Director of Pride in Place
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
That the Director of Pride in Place be authorised to assign the existing lease dated 21st February 2022 from the current tenant to the proposed assignee, as set out in exempt appendix 1.
Reasons for the decision:
The Council has been approached by the existing tenant requesting consent to assign the lease to another entity/person/business.
The Council is unable to unreasonably withhold or delay consent to the assignment and therefore is obliged to proceed as there are no reasonable grounds for refusing consent.
Alternative options considered:
Assignment of the lease is prohibited within the terms of the lease unless Landlord’s consent is granted. The Landlord has no reasonable grounds on which to refuse consent given the covenant strength of the assignor and assignee.
Implementation:
This decision will be implemented immediately.
Information:
A request has been received from the current tenant to assign the lease to another entity, having undertaken due diligence on the proposed assignee the Council is satisfied that there are no reasonable grounds for refusing consent.
Interests and Nature of Interests Declared:
None.
Publication date: 27/06/2024
Date of decision: 19/06/2024
Contact Governance Support
- Email: governance.support@torbay.gov.uk
- Tel: 01803 207087
- Fax: 01803 207112
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