Decision details

Stockport Exchange (Phase 2) - Heads of Terms for New Lease with Cineworld

Decision Maker: Corporate Director (Corporate and Support Services) and Deputy Chief Executive, Corporate Director (Place) and Deputy Chief Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No


Decision on future development partner.


The Corporate Director for Corporate and Support Services and the Corporate Director for Place Management & Regeneration, in consultation with the Executive Councillors (Corporate, Customer & Community Services) and the (Economic Development & Regeneration) have approved the terms of a new lease and associated agreements to secure the continued occupation of Cineworld at Stockport Exchange until the opening of the new cinema at Redrock anticipated to be in Spring 2017.


(Note: the report contains information ‘not for publication’ that has been circulated to decision makers only).

Alternative options considered:


Equality and/or Environmental Impact Assessment: To be completed upon acquisition

Decision Reference: ODPL29 / ODCS23

Declarations or conflicts of Interest: None

Forward Plan Reference: RGN 191

Other reasons / organisations consulted

Town Centre/ M60 Gateway Task Force meeting

Contact: George Perrin, Services to Place Email: Tel: 0161-474-4510 Paul Lawrence, Services for Place Email: Tel: 0161-474-4515.

Publication date: 26/05/2015

Date of decision: 18/05/2015

Accompanying Documents: