Phone 4342 2070 Fax 4342 2071

2002 (c) Peninsula Community Access Newspaper Inc

 

Hotel has lease assigned

 

Gosford Council has consented to the assignment of the lease of part of the reserve adjoining the Bayview Hotel in Woy Woy, to the new owners of the hotel.

The assignment would be subject only to payment of the council's legal costs and a $250 administration fee.

The present owners of the Bayview Hotel told Council they had sold the premises and they wished to assign the remaining term of lease to the new owner.

Council was appointed as trustee of the reserve for Public Recreation at Woy Woy on October 14, 1983.

Prior to council's appointment as trustee, the former trustees had entered into a lease over part of the reserve with Tooheys Ltd, the then owner of the Bayview Hotel that adjoins the reserve.

The lease had a term of 40 years from November 1 1970.

Council Agenda FS.025, February 26