The land at River Street Car Park, Wilmslow is subject to an existing lease between Macclesfield Borough Council - now vested with Cheshire East Borough Council, and the Trustees of River Street Old Road and Cliff Road Residents Association. The car park is operated by way of a permit system with permits allocated by the Trustees.
The existing lease is for a term of 10 years from the 1 September 2006 and enables the land to be used for residents’ car parking. The Lease is contracted out of the Landlords and Tenant Act 1954 and therefore, the Tenants do not have Security of Tenure.
The Tenants have requested a new lease in order to secure a further 10 year term to provide car parking in the area. This will allow the Tenants to continue to provide ongoing maintenance and repairs to the land. The new lease will also help alleviate car parking congestion in the surrounding residential streets.
A rental increase has been agreed from £250.00 per annum to £340.00 per annum and shall be reviewed at year 5 in line with the Retail Price Index.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: Wilmslow Lacey Green;