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Contact: Karen Luck
Lease for Kent Savers PDF 74 KB
1. That a
sub-lease of an area on the first floor of Maidstone House be
granted to Kent Savers.
2. That the
Property & Procurement Manager prepares draft Heads of Terms
for a sub-lease to include the following clauses, be
That the term of the sub-lease does not exceed the
length of the lease between the Council and its
That there will be no rent payable up to and
including 31st March 2012, or until the Credit Union is
fully established, whichever is the earlier;
That the rent free period is granted in
consideration of services to be provided by Kent Savers under a
Service Level Agreement;
That the rent payable from 1st April 2012
will be consistent with the occupational cost of Maidstone House to
That the sub-lease includes a break clause at the
end of the first year, every two years thereafter and one to
coincide with the break clause in the lease between the Council and
That the break clause at the end of the first year
will be triggered by the Council if Kent Savers do not fulfil their
obligations under the Service level Agreement;
That the sub-lease is contracted out of the Landlord
and Tenant Act 1954.
That the Head of Legal Services be instructed to prepare the
sub-lease based upon the Heads of Terms prepared by the Property
& Procurement Manager.
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