Britel fund trustees limited v b&q plc
WebCase: Britel Fund Trustees Ltd v B&Q plc (2016) unreported, County Court sitting at Central London, 11 March. Break Clauses: Beware the hypothetical tenant. Rosling King … WebCGIS City Plaza Shares 1 Ltd & Anor v Britel Fund Trustees Ltd [2012] EWHC 1594 (Ch) (13 June 2012) CGL Group Ltd & Ors v The Royal Bank of Scotland Plc & National Westminster Bank Plc & Ors (Rev. 1) [2024] EWCA Civ 1073 (24 July 2024) CGL Group Ltd v Royal Bank of Scotland [2016] EWHC 281 (QB) (12 January 2016)
Britel fund trustees limited v b&q plc
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The case concerned an application to the court pursuant to Part II of the 1954 Act to grant a new tenancy of a purpose-built retail DIY warehouse in Tottenham. The parties had managed to agree all the terms of the renewal lease with the exception of rent. As the landlord (Britel) had plans to redevelop the property, … See more In determining the rent payable the court was required to apply section 34 of the 1954 Act. This provides that, where parties to a lease renewal cannot agree the rent payable, it may instead be: "determined by the court to be that at … See more While acknowledging that there was conflicting case law, the court looked at the wording of the 1954 Act and concluded that "the rent is to be ascertained for a lease to be taken by a prospective lessee who is not already in … See more The application of section 34 assumes that there is an open market rent for the relevant premises. As explained by the court, this in turn is … See more The court acknowledged that "in the real world B&Q will of course take the lease and will trade in the notional rent-free fitting-out period. However the artificiality of section 34 requires the rent to be judged for a lease to … See more WebThe recent case of Britel Fund Trustees Limited v B&Q Plc is an unopposed lease renewal case with a favourable outcome for the tenant. Property Litigation solicitor Dean …
WebAug 9, 2016 · In the recent lease renewal decision of Britel Fund Trustees Ltd v B&Q plc [2016] the court considered the various factors that had to be taken into account when determining the rent pursuant to ... WebThe recent case of Britel Fund Trustees Limited v B&Q Plc is an unopposed lease renewal case with a favourable outcome for the tenant. Property Litigation solicitor Dean Monk discusses the facts and findings of this case, and the points for landlords to bear in mind when negotiating lease renewals and making settlement offers. Read more.
WebThe recent case of Britel Fund Trustees Limited v B&Q Plc is an unopposed lease renewal case with a favourable outcome for the tenant. Property Litigation solicitor Dean Monk discusses the facts and findings of this case, and the points for landlords to bear in mind when negotiating lease renewals and making settlement offers. WebJun 22, 2016 · Nikki Yates discusses the unreported case of Britel Fund Trustees Ltd v B&Q plc, where the court determined the rent pursuant to section 34 of the Landlord and …
WebAug 9, 2016 · In the recent lease renewal decision of Britel Fund Trustees Ltd v B&Q plc [2016] the court considered the various factors that had to be taken into account when …
WebDec 11, 2012 · Rights of light are often an issue for property owners keen to preserve the value of their assets by protecting the right to develop. In the recent case of CGIS City Plaza Shares 1 Limited & Anr v Britel Fund Trustees Limited [2012] EWHC 1594 (Ch), the court was asked to examine the extent to which successors to the original owner of a property … how to use interrupts arduinoWebJun 10, 2024 · Britel is the landlord of the Retail Park. B&Q is a tenant at Tottenham Hale Retail Park, occupying a purpose-built retail DIY warehouse of approximately 37,000 sq … organifi green juice cancer warningWebTag Archives: Britel Fund Trustees Limited v B&Q plc. Early Break Clauses in Lease Renewals. By Katherine A. Campbell and Siobhan Hayes on 7 July 2016 Posted in Real Estate (UK), Real Estate Investment. Be aware of the consequences of negotiating an early break right in a renewal lease. The flexibility that this might bring will come at a cost. organifi green juice vs athletic greensWebJun 10, 2024 · Britel is the landlord of the Retail Park. B&Q is a tenant at Tottenham Hale Retail Park, occupying a purpose-built retail DIY warehouse of approximately 37,000 sq ft with a passing rent of £776,139 (£20 per sq ft). Britel is the landlord of the Retail Park., whilst Britel sought £698,500 (£18.90 per sq ft). It was commonly accepted that ... organifi gold tea reviewsWebFind company research, competitor information, contact details & financial data for BRITEL FUND TRUSTEES LIMITED of LEEDS. Get the latest business insights from Dun & … how to use interrupts in cWebFind company research, competitor information, contact details & financial data for BRITEL FUND TRUSTEES LIMITED of EDINBURGH. Get the latest business insights from Dun … how to use interproximal brushWebJul 14, 2016 · The recent unreported County Court judgment in Britel Fund Trustees Limited v.B&Q PLC is important for both landlords and tenants. The key issue concerned the application of section 34 of the Landlord and Tenant Act 1954 (the 1954 Act) in the determination of the open market rental value of premises on lease renewal. organifi green juice fresh thyme