Property exceptions Oct to Dec 2012

Exceptions to cross-government moratoria on spend in BIS

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Department	Organisation Name	Property name	Basis for expenditure approval	Total Value requested (£M)	Total Value Approved (£M)	Date of update
BIS	Land Registry	Stuart House, St Johns Street, Peterborough, PE1 5DD	No alternative space available on the Government estate. Exited Touthill Close, Peterborough to relocate to smaller and less expensive premises at Stuart House	£197,442 per annum (plus VAT). 10 year lease, lease break at 5 years.	£197,442 per annum (plus VAT). 10 year lease, lease break at 5 years.	Aug-12

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