Heads of Terms for Community Transfer – Alexandra Bowling Club Bath and North East Somerset Council and the Trustees of Alexandra Bowling Club will enter into a contract to grant a lease to Alexandra Bowling Club on expiry of the current lease in April 2016, based on the principle terms and conditions set out below: Landlord Bath and North East Somerset Council (B&NES) Tenant Alexandra Bowls Club (ABC) Property Land and Buildings at Alexandra Park Bath as shown outlined in red on the plan Term 99 years Rent £1076 per annum, subject to review on similar terms to existing lease. Abatement of Rent The rent will be abated to nil subject to the tenant satisfying the landlord that the Tenant has: a constitution that is robust and sufficient, which has the explicit support of the wider community and does not conflict with the Visions and Values of Bath and North East Somerset Council. a current and viable business plan. competent members/trustees (or access to appropriate advice) who can manage money, understand maintenance and repair of buildings etc. adequate funds or able to raise adequate funds. And agreeing to submit to the landlord annually, at the landlord’s request, information that will satisfy the landlord that this condition continues to be complied with. If, upon review, concerns are raised regarding compliance a more regular programme may be put in place at the Landlord’s discretion. Permitted Use Not to use the premises otherwise than in accordance with the aims objectives and constitution as set out in the governing articles of the Organisation, for the general community benefit of the people of Bath and North East Somerset. Primarily to provide for recreational and/or educational purposes. Continuation of Use Tenant to make the building available for the Permitted Use throughout the term of the lease. Alienation Assignment Subletting Permitted to another organisation with similar aims and objectives for community benefits Not permitted Repair The tenant to be responsible for keeping the Property in good and tenantable condition throughout the term of the lease and to yield it up in this condition at the end of the term. Insurance Either the tenant will put and keep in place, with a reputable provider, buildings insurance covering the normal risks. Alternatively, the landlord will insure with a reputable provider, covering the normal risks and the tenant will reimburse the landlord the full cost of putting this insurance in place. The tenant to be responsible for providing their own contents and public liability insurance. Alterations Not without the consent the landlord (such consent not to be unreasonably withheld) shall the tenant make any major alterations to the structure or exterior of the premises. Break Clause The Tenant may terminate the lease upon six month’s written notice at any time, subject to all terms and conditions of the lease having been complied with. In the event no compensation will be payable for any improvements carried out.
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