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Fitting out and rent reviews

Language: English Series: Estates Gazette Case Summaries ; (1993) EGCS 71 (17/4/93) (1)Publication details: 1993Subject(s): Summary: "London & Leeds Ltd v Paribas Ltd" CA 1 April 1993. The CA interpreted simple assumptions to be made at a rent review. The assumption that the property was fit for immediate occupation and that `tenant`s works required by a willing tenant had already been completed` did not require the arbitrator in settling the valuation to consider what tenant`s works would be required by the hypothetical tenant.

"London & Leeds Ltd v Paribas Ltd" CA 1 April 1993. The CA interpreted simple assumptions to be made at a rent review. The assumption that the property was fit for immediate occupation and that `tenant`s works required by a willing tenant had already been completed` did not require the arbitrator in settling the valuation to consider what tenant`s works would be required by the hypothetical tenant.