Commercial leases : the implications of alterations
Tromans, S.
Commercial leases : the implications of alterations - 1987 - Law Society`s Gazette 84 (10) 11 March 1987, 716-722 (5) .
The article examines problems which can arise when physical alterations are carried out on business premises. The precise wording of the lease or licence to carry out alterations is of prime importance. Considers the effect of the landlord`s refusal to consent and describes the provisions of ss1 and 19(2) Landlord and Tenant Act 1927 . Problems include landlord`s control over the work, reinstatement , tenant`s compensation for improvements and financial implications such as rent being affected at rent review , rates, insurance, deemed premiums, capital allowances and VAT.
BRETT V BRETT ESSEX GOLF CLUB
BUSINESS TENANCIES
PLEASURAMA PROPERTIES LTD V LEISURE INVESTMENTS WEST END LTD
Commercial leases : the implications of alterations - 1987 - Law Society`s Gazette 84 (10) 11 March 1987, 716-722 (5) .
The article examines problems which can arise when physical alterations are carried out on business premises. The precise wording of the lease or licence to carry out alterations is of prime importance. Considers the effect of the landlord`s refusal to consent and describes the provisions of ss1 and 19(2) Landlord and Tenant Act 1927 . Problems include landlord`s control over the work, reinstatement , tenant`s compensation for improvements and financial implications such as rent being affected at rent review , rates, insurance, deemed premiums, capital allowances and VAT.
BRETT V BRETT ESSEX GOLF CLUB
BUSINESS TENANCIES
PLEASURAMA PROPERTIES LTD V LEISURE INVESTMENTS WEST END LTD