A gamble that backfired
Language: English Series: Estates Gazette ; (0537) 17 September 2005, 147(1)Publication details: 2005Subject(s): Summary: Discusses "Crestfort Ltd v Tesco Stores Ltd" ([2005] EWHC 805 (Ch), L130057). Tenants seeking to offload surplus properties which prove to be unmarketable on current terms can opt to sublet on the best available terms. It is common however for leases to allow subletting only on the existing basis and often at the same rent and attempts to sidestep such conditions are usually unsuccessful. In "Crestfort" the sublease was deemed to have been illegally granted and the court ordered its surrender and awarded damages.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L131062 (Browse shelf(Opens below)) | 1 | Available | 131062-1001 |
Discusses "Crestfort Ltd v Tesco Stores Ltd" ([2005] EWHC 805 (Ch), L130057). Tenants seeking to offload surplus properties which prove to be unmarketable on current terms can opt to sublet on the best available terms. It is common however for leases to allow subletting only on the existing basis and often at the same rent and attempts to sidestep such conditions are usually unsuccessful. In "Crestfort" the sublease was deemed to have been illegally granted and the court ordered its surrender and awarded damages.