Issue - meetings
LEASE ON LETCHWORTH MULTI STOREY CAR PARK
Meeting: 14/04/2026 - Cabinet (Item 10.)
10. LEASE ON LETCHWORTH MULTI STOREY CAR PARK
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REPORT OF THE DIRECTOR – ENTERPRISE
This report sets out negotiations that have taken place between the Martin Group and the Council with regards to the potential surrender of the Letchworth Multi Storey Car Park.
Decision:
RESOLVED: That Cabinet:
(1) Approved the surrender of the lease for the Letchworth Multi Storey Car Park.
(2) Granted delegated authority to the Director of Enterprise in consultation with the Executive Member for Enterprise to negotiate and approve the details of any surrender in line with the broad principles in this report.
REASON FOR DECISIONS: After undertaking a review of the current operation and long-term needs of this car park, the surrender of this lease provides a positive outcome to the Council and the conditions that have been negotiated ensures there will be improvements to the car park which will benefit the public and economic vitality of the town centre.