Decision details

Approval of Surrender Payment to Farm Tenant

Decision Maker: Director for Economy, Infrastructure and Skills

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Approval of Surrender Payment to be made to County Farm Tenant to enable the farm to be sold with vacant possession to provide enhanced capital receipt to assist in meeting MTFS targets.

Alternative options considered:

Negotiations with Tenants on the sales of 16 tenanted farm holdings are progressing. Included in the 16 is Holding No.3 on the Rue Barn Estate near Eccleshall, a starter farm extending to some 87 acres.

The Agent acting for the Tenant, has stated that the tenant’s preference is to vacate the holding subject to a suitable surrender payment being agreed. Negotiations on the level of surrender payment have taken place and have been agreed between the parties.

Approval of the Surrender Payment is therefore recommended.

 

Publication date: 14/06/2019

Date of decision: 12/06/2019

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