A request has been received from Cornerstone Telecommunications Infrastructure Ltd for a new lease for an existing telecoms mast at Oak Farm on the Ridley Farm Estate. The previous lease has terminated.
In conjunction with independent expert consultants commissioned by the Council, terms for a new lease have been negotiated and agreed, subject to approval. The lease makes provision for additional equipment to be added and includes an option to increase the height of the mast, subject to planning consent.
The proposed lease runs for a term of 25 years and generates an initial income of £7,365.50 per annum with rent reviews to be carried out every 3 years to Open Market Value or RPI, whichever is the highest.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: Wrenbury;