2cQwgryU
type: Answer
type: WrittenAnswer
answer has question: w0Qrk5ik
answer has answering person: CruBwppn
answer text: Yes. The lease at Discovery House was for a term of 10 years commencing in March 2003 and due to expire in March 2013. In March 2012, the Wales Office, following representations from the Welsh Government and the landlord, agreed to early termination of its lease in order to make way for an inward investor. As a consequence, the Wales Office—with the approval of the Cabinet Office's Government Property Unit (GPU)—agreed to exit the lease early and sign a new lease at Caspian Point. The move was completed in August 2012. The gross cost of the move to Caspian Point (utilising a Welsh Government call-off-contract) was £564,971, broken down as follows: £ ContractorCosts 297,550 FixtureandFittings 157,578 LegalCosts 41,007 Relocationcosts (including ITequipment) 68,836 Total 564,971 However, the Department as a consequence of its relocation in August 2012, estimates efficiency savings of £302,285 over the 10 year term of the new lease, resulting in an estimated net cost to the Department of £262,686.
answer given date: 2013-10-24+01:00
answer has answering body: kv2Qqfn9
written answer has answering body: kv2Qqfn9