McDonalds Real Estate LLP v Arundel Corporation (Record no. 80569)

MARC details
000 -LEADER
fixed length control field 01741cab a22001935a 4500
001 - CONTROL NUMBER
control field L144747
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 080807e20080802xxk f v 000 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u144747
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
245 00 - TITLE STATEMENT
Title McDonalds Real Estate LLP v Arundel Corporation
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2008
490 #0 - SERIES STATEMENT
Series statement Estates Gazette
Volume/sequential designation (830) 2 August 2008, 84-88(5)
520 ## - SUMMARY, ETC.
Summary, etc. Provides detailed case notes on McDonalds Real Estate v Arundel Corporation [2008] EWCH 377 (Ch), 16 January 2008. The case shows the potential problems involved in drafting rent review clauses based on hypothetical lettings. The court had to determine the assessment of rent on a rent review for a warehouse used as a drive-thru restaurant. In 1986, McDonalds took out a fifty year lease on an old factory with a view to converting it into a drive-through. The lease provided the building to be treated as a warehouse with 15% office space at rent review. The case turned on whether, where there were no suitable comparables, the open market rent of the restaurant should be determined on the basis of a retail warehouse. The landlord argued that warehouse could include retail warehouses, which generate a significantly higher rent than storage warehouses. The Court had to decide what sort of warehouse was intended. Held: claim allowed in part. A storage warehouse had been intended, but there was no restriction on the usage of the word. The landlord may seek to have the building's retail value reflected in the rent review.
590 ## - LOCAL NOTE (RLIN)
Local note KA
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MCDONALDS REAL ESTATE V ARUNDEL CORPORATION
651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name England and Wales
Chronological subdivision 1543-
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT-BUSINESS TENANCIES-RENT REVIEW (BUSINESS TENANCIES)
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
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    Dewey Decimal Classification     London London Journal article 07/08/2008   L144747 144747-1001 06/08/2019 1 06/08/2019 Journal article