Decision details

APPROVAL TO ENTER INTO A CONDITIONAL AGREEMENT FOR LEASE FOR THE CLOCKWORK BUILDING, BEAVOR LANE, LONDON W6

Decision Maker: Strategic Director of the Economy Department

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report seeks approval to enter into a conditional Agreement for Lease for the Clockwork Building, Beavor Lane, to secure 25,183 sq ft of decant accommodation for the Council.

Decision:

To agree and enter into a conditional Agreement for Lease as attached at Appendix 1 for five separate leases for each of the individual floors being part ground, 1st, 2nd, 3rd and 41h floors of the Clockwork Building, Beavor Lane, London W6.

Reasons for the decision:

This report follows a Cabinet decision agreed In December 2018, as part of the approval of the business case and delivery strategy for the West King Street Renewal Programme.

Alternative options considered:

1 – Do nothing.

2 - Approve the entering into a conditional Agreement for Lease for the

Clockwork Building.

Publication date: 25/01/2019

Date of decision: 24/01/2019

Effective from: 29/01/2019

Restricted enclosure View reasons restricted

Accompanying Documents:

APPROVAL TO ENTER INTO A CONDITIONAL AGREEMENT FOR LEASE FOR THE CLOCKWORK BUILDING, BEAVOR LANE, LONDON W6