7. Cabinet 29 October 2025 - Minute No. 64 - Upton Park Farm - Surrender of Lease
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RECOMMENDED that Council: -
(a) note the recommendations of the Cross-Party Strategic Asset Disposal Working Group on 19 September 2025; and
(b) approve to purchase the Farm Business Tenancy at Upton Park Farm, on such terms to be approved by the Director of Finance acting in his capacity as Corporate Property Officer, in consultation with the Portfolio Holder for Finance.
[PLEASE NOTE: Should the Council wish to discuss the detail of the confidential appendix at Appendix A the meeting will be required to move into Confidential (Exempt) Session].
Additional documents:
64 Upton Park Farm - Surrender of lease
PDF 684 KB
This report presents a proposal to agree to the surrender the whole of the lease of Upton Park Farm, Poole Road, Poole BH16 5LW dated 5 June 2014 and made between (1) The Council of the Borough & County of the Town of Poole and (2) William Robert Pennington and Others (“Lease”) and simultaneous payment of compensation or premium to the tenant of the Lease (subject to specialist agricultural legal advice).
[PLEASE NOTE: Should the Cabinet wish to discuss the detail of the exempt Appendices at Appendix A it will be necessary to exclude the press and public and move into Confidential (Exempt) session].
Additional documents:
Decision:
RECOMMENDED that Council: -
(a) note the recommendations of the Cross-Party Strategic Asset Disposal Working Group on 19 September 2025; and
(b) approve to purchase the Farm Business Tenancy at Upton Park Farm, on such terms to be approved by the Director of Finance acting in his capacity as Corporate Property Officer, in consultation with the Portfolio Holder for Finance.
Voting: Unanimous
Portfolio Holder: Finance
Reason
To obtain approval to surrender the Lease at Upton Park Farm.
Minutes:
The Portfolio Holder for Finance presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'B' to these Minutes in the Minute Book.
Cabinet was advised that the report presented a proposal to agree to the surrender the whole of the lease of Upton Park Farm, Poole Road, Poole BH16 5LW dated 5 June 2014 and made between (1) The Council of the Borough & County of the Town of Poole and (2) William Robert Pennington and Others (“Lease”) and simultaneous payment of compensation or premium to the tenant of the Lease (subject to specialist agricultural legal advice).
RECOMMENDED that Council: -
(a) note the recommendations of the Cross-Party Strategic Asset Disposal Working Group on 19 September 2025; and
(b) approve to purchase the Farm Business Tenancy at Upton Park Farm, on such terms to be approved by the Director of Finance acting in his capacity as Corporate Property Officer, in consultation with the Portfolio Holder for Finance.
Voting: Unanimous
Portfolio Holder: Finance
Reason
To obtain approval to surrender the Lease at Upton Park Farm.