Decision - Lease of Unit 7 Beacon Quay & Storage area adjacent Unit 7 Beacon Quay, Torquay, TQ1 2BG

Lease of Unit 7 Beacon Quay & Storage area adjacent Unit 7 Beacon Quay, Torquay, TQ1 2BG

Decision Maker: Head of Tor Bay Harbour Authority and Harbour Master

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

That a new lease for Unit 7 Beacon Quay & Storage area adjacent Unit 7 Beacon Quay, Torquay, be agreed with the existing tenant, for a seven-year period.

Reasons for the decision:

The tenant has been in occupation of both premises for approximately one year. Given the length of the occupation, the tenant would be afforded a protected tenancy under the assumed terms of a Tenancy at Will. Therefore, the Council must agree a formal lease to regulate the occupation and have agreed terms to be contracted outside of the Landlord & Tenant Act 1954 (Sect 24-28) Security of Tenure Provisions. The agreed rent has been tested against the market rent and the lease would include regular rent reviews.

Alternative options considered:

The Council may choose not to grant the lease of this property.

Implementation:

The decision will be implemented immediately.

Information:

The Tenant has been in occupation of the premises under an effective Tenancy at Will since 16^th January 2024. To regulate the arrangement, the occupation needs to be documented by way of a lease.

Interests and Nature of Interests Declared:

None.

Publication date: 09/01/2025

Date of decision: 07/01/2025