To exercise the option within the existing lease to enter into a lease for between 5 & 8 years for additional space at the Lowry Mill, from 1st March 2019. The Council can break the lease after year 5 on 6 months’ notice and will strive to break at the earliest possibility to save costs. The annual rents are all inclusive and include all outgoing costs including repairs, maintenance, renewal, utilities, business rates, security and any other costs.