Business lease renewal
Business lease renewal
- 2002
- Estates Gazette [2002] 19 EG (CS) 11/5/02 .
"J Murphy & Sons Ltd v Railtrack plc" CA, 29 April 2002. When assessing the open market rent for a new tenancy under Landlord and Tenant Act 1954 Part II on premises which were landlocked and only accessible through land owned tenant (J), the HC held that only 60% of the rent should be charged. The appellant landlord's (R) appeal that the lack of access should be disregarded was dismissed.
J MURPHY AND SONS LTD V RAILTRACK PLC
BUSINESS TENANCY
LEASE RENEWAL
OPEN MARKET RENT
OPEN MARKET VALUE
RESTRICTED ACCESS
"J Murphy & Sons Ltd v Railtrack plc" CA, 29 April 2002. When assessing the open market rent for a new tenancy under Landlord and Tenant Act 1954 Part II on premises which were landlocked and only accessible through land owned tenant (J), the HC held that only 60% of the rent should be charged. The appellant landlord's (R) appeal that the lack of access should be disregarded was dismissed.
J MURPHY AND SONS LTD V RAILTRACK PLC
BUSINESS TENANCY
LEASE RENEWAL
OPEN MARKET RENT
OPEN MARKET VALUE
RESTRICTED ACCESS