Politics & Government
Terms of Enfield Express Lease Agreement Obtained
The town of Enfield has signed a three-year lease agreement with the owners of the former Santander Bank building on Route 5.
ENFIELD, CT — The town of Enfield will be paying $3,500 per month over the course of a three-year lease agreement signed last week to open an express office two buildings down from Town Hall, in the former Santander Bank location at 800 Enfield St.
Terms of the agreement, provided to Patch by the office of the town attorney Monday afternoon, call for the town to make monthly payments to S-BNK ENFIELD, LLC, a Delaware limited liability company with a principal office located in Las Vegas. The lease period began June 16, when Town Manager Chris Bromson signed a 10-page lease document, and runs through May 31, 2023.
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The Enfield Express, slated to officially open June 29, will be utilized as a "drive-thru express" for residents to safely conduct business, including paying taxes, acquiring dog licenses and requesting permits. It will also serve as a point of distribution for personal protective equipment (PPE) for businesses which have registered with the Connecticut Business & Industry Association (CBIA) and the state. Registered businesses will be advised of pickup dates and times.
Santander Bank vacated the premises in May 2019.
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According to minutes from a May 20 Town Council meeting, long-range plans call for purchasing the property at the end of the lease term as a major component in developing a plan for Higgins Park, in conjunction with indoor facilities at the nearby former St. Adalbert School on Alden Ave. Plans for the park include a walking trail, dog park, shell theater and other amenities. 800 Enfield St. is seen as a possible gateway into the park.
The option price to purchase the property is $750,000, less a credit for the amount of rent actually paid by the town during the second and third years of the term, for a maximum credit of $84,000. The town may exercise the purchase option by written notice to the landlord at any time during the term, at least 90 days prior to the expiration of the third year of the lease.
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