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The leaseholder has refused to approve a Deed
of Variation to alter the location of the outdoor storage unit,
which forms part of their leasehold demise. This relocation is
required to make way for a reorganising of the public realm space
to support the construction of building a new flat block
development (“the Scheme”).
Without owning this storage unit it can’t be demolished and
relocated and hampers planned housing development.
The outdoor storage unit has been informally valued by Braiser
Freeth Ltd as a desktop valuation in the region of £5,000 -
£6,000 based on rental figures.
Decision Maker: Strategic Director (Place)
Decision published: 18/07/2022
Effective from: 06/07/2022
Decision:
To seek approval of the purchase of the
outdoor storage unit under the leasehold demise of 52 Eastwick Row,
Hemel Hempstead, Hertfordshire, HP2 4PA for the sum of
£15,000.00 (Fifteen thousand pounds only), in additional to
the leaseholders reasonable legal costs.
Lead officer: James Doe