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Blockbuster Entertainment Ltd v Leakcliff Properties Ltd

Language: English Series: Estates Gazette ; [1997] 08 EG 139-143(5)Publication details: 1997Subject(s): Summary: ChD 7 October 1996. By an underlease, B holds a 15 year term of commercial premises from L subject to covenants against alienation. These provide that the tenant may not underlet without the landlord`s consent. On B`s application to underlet, L refused consent on the grounds that the underletting would detimentally harm the reversionary value and that the rent was less than the open market value. "Held" B entitled to a declaration that L had unreasonably withheld consent.
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Law report London Journal article ABS56607 (Browse shelf(Opens below)) 1 Available 24815-1001

ChD 7 October 1996. By an underlease, B holds a 15 year term of commercial premises from L subject to covenants against alienation. These provide that the tenant may not underlet without the landlord`s consent. On B`s application to underlet, L refused consent on the grounds that the underletting would detimentally harm the reversionary value and that the rent was less than the open market value. "Held" B entitled to a declaration that L had unreasonably withheld consent.