To enable the development Merseytravel will be entering an agreement with Eureka which requires the remodelling of the former spaceport building along with the outside space including the car parks.  Merseytravel has therefore asked to replace the two existing leases with new leases which would reflect their agreement with Eureka.  This will require a variation of the lease areas which are shown on the attached plan, although the areas may be subject to some remodelling as part of the wider scheme.  The new leases will remain at peppercorn rents and also need to be extended to 40 years to tie in with Merseytravel’s agreement with Eureka.