Rent review
Rent review
- 1994
- Estates Gazette Case Summaries 1994 EGCS 191 (3/12/94) .
"Commercial Union Life Assurance Co Ltd and another v Woolworths plc" ChD 18 November 1994. Raised question of whether options contained in deed supplemental to lease should be taken into account when valuing premises upon rent review. Held that provisions for surrendering parts of demised premises should be taken into account.
DISREGARDS
OPEN MARKET RENT
OPTION PROVISIONS
RENT REVIEWS
VALUATION ISSUES
"Commercial Union Life Assurance Co Ltd and another v Woolworths plc" ChD 18 November 1994. Raised question of whether options contained in deed supplemental to lease should be taken into account when valuing premises upon rent review. Held that provisions for surrendering parts of demised premises should be taken into account.
DISREGARDS
OPEN MARKET RENT
OPTION PROVISIONS
RENT REVIEWS
VALUATION ISSUES