§ Mr. MudieTo ask the Secretary of State for the Environment what are the terms of the lease on 1 to 19 Victoria Street.
§ Mr. BaldryFollowing completion of the refurbishment by the Department of Trade and Industry, a new lease will be taken from Legal and General Assurance Society Ltd. for 25 years from February 1996. The agreed market rent is subject to open market reviews at the 10th, 15th and 20th years. The tenant is responsible for maintenance and insurance. The remaining terms reflect current market practice.