Avocet Industrial Estates LLP v Merol Ltd and Tudor Rose International Ltd
Avocet Industrial Estates LLP v Merol Ltd and Tudor Rose International Ltd
- 2011
[2011] EWHC 3422 (Ch), 19 December 2011. The right to break a lease early is valuable for a tenant but its exercise is often fraught with difficulties, some unknown to the tenant. Defendant tenant M served a break notice on its rented premises, acting to satisfy all conditions to break including delivering a cheque for the requisite six months' rent to claimant landlord A. A disputed that the lease had been terminated as the rent cheque had not been cleared by the break date and interest had not been paid. "Held": in favour of A. M's liability to pay the interest was inescapable and M remained bound to the lease.
AVOCET INDUSTRIAL ESTATES LLP V MEROL LTD AND ANOR
HOMES V SMITH
BEEVERS V MASON
England and Wales--1543-
[2011] EWHC 3422 (Ch), 19 December 2011. The right to break a lease early is valuable for a tenant but its exercise is often fraught with difficulties, some unknown to the tenant. Defendant tenant M served a break notice on its rented premises, acting to satisfy all conditions to break including delivering a cheque for the requisite six months' rent to claimant landlord A. A disputed that the lease had been terminated as the rent cheque had not been cleared by the break date and interest had not been paid. "Held": in favour of A. M's liability to pay the interest was inescapable and M remained bound to the lease.
AVOCET INDUSTRIAL ESTATES LLP V MEROL LTD AND ANOR
HOMES V SMITH
BEEVERS V MASON
England and Wales--1543-