Issue details

Issue details

Oxpens Car Park Lease Renewal

OCC currently has a lease at Oxpens Car Park due to expire in March 2025. This is a recommendation to renew the lease for a term of 3 years to continue receiving income.

Decision type: Key

Reason Key: Acquiring or disposing of leaseholds where either the rental value is in excess of £250,000 per annum and/or the premium is £750,000 except for statutory lease renewals under Part 2 of the Landlord and Tenant Act 1954 and disposals pursuant to right to buy legislation and disposals pursuant to right to buy legislation.;

Decision status: For Determination

Wards affected: Osney & St Thomas;

Notice of proposed decision first published: 03/02/2025

Decision due: 9 Apr 2025 by Cabinet

Lead member: Councillor Ed Turner, Deputy Leader (Statutory) - Finance and Asset Management cllreturner@oxford.gov.uk

Lead director: Director of Property Assets

Department: Property & Assets

Contact: Kate Protheroe, Asset Manager Email: kprotheroe@oxford.gov.uk.

Reason date could change: Confirmed for this meeting

Is the date subject to change: No