RESOLVED: Cabinet to note the content of this report and agree to implement a High Street Rental Auction Scheme subject to following the national guidance in implementing such a scheme, to initially be applied to the southern section of King's Lynn High Street.
REASON FOR DECISION: The scheme is needed to address the high concentration of long?term vacant commercial units on the southern High Street, which currently undermines the area’s economic vitality, appearance and safety.
A High Street Rental Auction Scheme provides a practical tool to bring empty
properties back into use and supports the wider aims of revitalising King’s Lynn town centre.