Addin v SoS Environment
Language: English Series: Estates Gazette ; [1997] 14 EG 132-134(3)Publication details: 1997Subject(s): Summary: ChD 27 November 1996. Commercial premises subject to seven year rent reviews. Reddendum provided that for each rent review period, rent should be higher than initial rent of £148,000, or a sum assessed as the current open market rent. Landlord contended these provisions gave the landlords an option to serve a trigger notice. "Held" parties contracted to pay the higher sum of £148,000 and the current market rent. The rent paid in the previous review period continues to be payable but if a review is triggered then it reverts to the formula in the reddendum.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS56876 (Browse shelf(Opens below)) | 1 | Available | 77856-1001 |
ChD 27 November 1996. Commercial premises subject to seven year rent reviews. Reddendum provided that for each rent review period, rent should be higher than initial rent of £148,000, or a sum assessed as the current open market rent. Landlord contended these provisions gave the landlords an option to serve a trigger notice. "Held" parties contracted to pay the higher sum of £148,000 and the current market rent. The rent paid in the previous review period continues to be payable but if a review is triggered then it reverts to the formula in the reddendum.