Some reading between the lines needed here:
Auctioning leases has NOT been ruled out when 5 year leases are offered ( it is unclear if leases apply to all sites or just Budleigh Salterton and Seaton sites).
Taking out the word “significant” from the original phrase ” significant increase” means nothing.
“Market rents” will be charged.
A typical EDDC non-transparent fudge that only benefits one side: EDDC.
Tenants beware!