Affordable Workspace definition
Affordable Workspace means the [Class ] floorspace of the Development to be provided in accordance with the Workspace Provider Business Plan (and as located at [ ]);
Affordable Workspace means a total of 3,543 sq m NIA of workspace to be provided as part of the Development in accordance with the Affordable Workspace Specification and which consists of: a) 1,120 sq m (NIA) which is located on levels 1, 2 and 3 of the Georgian Terrace (“Georgian Terrace Affordable Workspace); b) 2,116 sq m (NIA) which is located on levels 1 and 2 of the Main Building (“Main Building Affordable Workspace”); and c) 307 sq m (NIA) which is located on the top two floors of Keats House (“Keats House Affordable Workspace”), (and each of the above shall comprise a “Part” of the Affordable Workspace), and which shall be leased by the Developer to an Affordable Workspace Provider pursuant to the Affordable Workspace Lease who shall in turn lease and/or licence the Affordable Workspace to Eligible Tenant(s) and which is shown for indication purposes only on drawings 20065_X_00_P019, 20065_X_00_P021, 20065_X_00_P022, 20065_X_00_P023 and 20065_X_00_P024 annexed to this Agreement and each Part shall also include the provision of toilet facilities, general access, cycle parking and servicing yard access; “Affordable Workspace Lease” means a lease for each Part of the Affordable Workspace to be entered into between the Developer and the Affordable Workspace Provider and which is substantially in accordance with the heads of terms set out in Annex 1 to Schedule 7 of this Agreement or such other terms as may be agreed with the Council; “Affordable Workspace Marketing Period” means a period of not less than three months from practical completion of each Part of the Affordable Workspace and/or termination of any lease and/or licence of a Part of the Affordable Workspace or any part thereof;
Affordable Workspace means at least 10% of Use Class E workspace which may
Examples of Affordable Workspace in a sentence
The Affordable Workspace must comply with all statutory requirements and be compliant with the principles contained in the Equalities ▇▇▇ ▇▇▇▇.
This specification sets out the minimum specification of the Affordable Workspace.
Lease Internal repairing lease for a terms of up to 30 years to commence no earlier than Occupation of the Affordable Workspace Areas.
Parties [TBA] Demise The floorspace to be provided as part of the Development as Affordable Workspace and shown hatched [X] on the [X] plan.
Utilities: Affordable Workspace to be served by electricity, water, drainage.
On the termination of any lease and/or licence of the Affordable Workspace the provisions of paragraph 3.2 and this paragraph shall re-apply.
Rent Review Once every f ive years Service Charge Lessee to contribute to any service charge regime which the Landlord has in place for the management of Plot H1 and pay a proportionate part of the service charge which relates to the Affordable Workspace and to pay any applicable estate service charge fee subject to the Service Charge Cap.
Not to Occupy or cause or permit Occupation of the Affordable B1 Workspace for a period of 10 (ten) years from the Occupation Date otherwise than in accordance with the Approved Affordable Workplace Statement and the Affordable Workspace Lease (as may be amended from time to time in accordance with clause 4.4.8).
Utilities: Affordable Workspace to be served by electricity, water, drainage and gas.
To let the floorspace in the Affordable B1 Workspace in accordance with the terms of the Affordable Workspace Lease and Affordable Workspace Statement at or below the Affordable Rent for a minimum period of 10 (ten) years from the Occupation Date.
More Definitions of Affordable Workspace
Affordable Workspace means 1480 square metres of floorspace for the commercial uses (comprising the uses in classes A1, A2, A3, B1, B2, B8 and D1), permitted by the Planning Permission to be located within each phase of the Development to be provided in accordance with and as specified in the Affordable Workspace Management Plan and to be located as shown on the plan(s) annexed hereto as Appendix 5
Affordable Workspace means at least 10% of Use Class E workspace which may be delivered as part of the Development pursuant to paragraph 1 of Schedule 8 and if delivered, shall either be: (a) leased by the Owner and/or the Developer to an Affordable Workspace Provider pursuant to the Affordable Workspace Lease who shall in turn lease and/or licence the Affordable Workspace to End Users; or (b) leased, licensed and/or directly let by the Owner and/or the Developer to End Users pursuant to the Affordable Workspace Lease; “Affordable Workspace Lease” means a lease of the Affordable Workspace to be entered into between the Owner and/or the Developer and the Affordable Workspace Provider and/or End Users consistent with the heads of terms set out in Annex 1 of Schedule 8 or such other terms as may be agreed with the Council and/or the Affordable Workspace Provider; “Affordable Workspace Management and Marketing Strategy” means a strategy for marketing and managing the Affordable Workspace in accordance with the provisions of Schedule 8; “Affordable Workspace Provider” means a provider on the Council’s Workspace Provider list or such other provider as may be approved by the Council in writing; “Affordable Workspace Rent” means the rent to be charged for the Affordable Workspace which shall be at rent levels no more than 75% of Open Market Rent in the Borough for comparable workspace; “Affordable Workspace Specification” means a detailed design specification of the Affordable Workspace to be submitted by the Owner and/or the Developer to the Council for approval and which shall include but not be limited to a plan that shows the location of the Affordable Workspace, the area (sqm GIA) of Affordable Workspace, detailed scaled plans and drawings, samples of materials to be used and which includes the minimum requirements as may be agreed with the Council; “Appeal” means the appeal to the Secretary of State under section 78(2) of the 1990 Act accepted with a start date of 30 August 2022 and given the appeal reference number APP/A5840/W/22/3303205; “Application” means the application for planning permission received by the Council on 19 November 2021 to carry out the Development upon the Site (local planning authority reference 21/AP/4297); “Application Energy Statement” means the document titled “Energy Strategy” dated 1 July 2022 prepared by JAW Sustainability; “Archaeology Contribution” means the sum of £6,778 (six thousand seven hundred and seventy-eight) Index linked to be paid by t...
Affordable Workspace means XX sq m GIA of workspace to be provided as part of the Development in accordance with the Affordable Workspace Specification and which shall be leased by the Developer to an Affordable Workspace Provider pursuant to the Affordable Workspace Lease who shall in turn lease and/or licence the Affordable Workspace to Eligible Tenant(s) and which is shown for indication purposes only on the drawing annexed hereto and labelled [xx]; “Appeal” means an appeal to the Secretary of State under Section 78 (1) of the 1990 Act accepted with a start date of 9 February 2022 and given the appeal reference number APP/A5840/W/22/3290473 & APP/A5840/Y/22/3290477; “Application” means the LBC Application and application for planning permission submitted by the Developer to the Council and received by the Council on 11 December 2018 to carry out the Development upon the Site (local planning authority reference 18/AP/4039); “Application Energy Strategy” means the document titled [“New City Court Energy Statement” prepared by ▇▇▇▇▇▇▇ BDSP dated 30 May 2019] submitted with the Application; “Archaeology Contribution” means the sum of £11,171 (eleven thousand, one hundred and seventy one pounds) Index linked to be paid by the Developer to the Council in accordance with paragraph 1.1 of Schedule 1 and applied by the Council towards archaeological research, investigation and protection within the vicinity of the Site; “Be Seen’ Energy Monitoring Guidance” means the document titled “Be Seen Energy Monitoring Guidance” dated September 2021 prepared by the GLA or any replacement document;
Affordable Workspace means workspace forming part of the Development provided at a discount to Open Market Rent for employment use within Class E(g)(i) of the Use Classes Order constructed in accordance with the Affordable Workspace Specification and delivered in accordance with the Affordable Workspace Marketing Strategy;