Decision details

Barnet House Lease Surrender Agreement

Decision Maker: Deputy Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

This report approves the final Agreement to Surrender relating to the Lease of Barnet House, 1255 High Road, Whetstone, London N20 0EJ. This Agreement will formalise early surrender of the lease, effective 31 March 2021.

 

On 2 October 2020 Urgency Committee approved the lease surrender, including an associated repairs and maintenance liabilities settlement. Finalisation of the deal with the landlord was delegated to the Deputy Chief Executive, having taken appropriate legal advice.

 

An Agreement to Surrender has now been drafted and agreed with the landlord, Barnet House Limited. This report approves the exchange of this Agreement.

 

Publication date: 29/10/2020

Date of decision: 23/10/2020

Accompanying Documents: