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Equity sharing lease

Series: Estates Gazette ; [2000] EGCS 40 (25 March 2000)Publication details: 2000Subject(s): Summary: "Standard Life Co Ltd v Greycoat Devonshire Square Ltd" ChD 14 March 2000. Long lease of a commercial premises. Lessee obliged to pay additional rent expressed as a percentage of amounts received from occupying tenants. A departing tenant made a payment to G in respect of dilapidations. At issue was whether a percentage of this payment was part of the gross rent payable under the terms of the lease. "Held" the damages did not form part of the gross rents.
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Law report London News article WB3613-21 (Browse shelf(Opens below)) 1 Available 105059-1001

"Standard Life Co Ltd v Greycoat Devonshire Square Ltd" ChD 14 March 2000. Long lease of a commercial premises. Lessee obliged to pay additional rent expressed as a percentage of amounts received from occupying tenants. A departing tenant made a payment to G in respect of dilapidations. At issue was whether a percentage of this payment was part of the gross rent payable under the terms of the lease. "Held" the damages did not form part of the gross rents.