000 01634cab a2200229 4500
001 ABS45935
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u55971
041 _aeng
245 _aPrudential Assurance Co Ltd v London Residuary Body and others
260 _c1992
350 _a0
490 _aEstates Gazette
_v(1992) 06 EG 145-152(5)
520 _aCA 1 November 1991. Prior to the agreement in question N owned land which he wished to develop. The highway authority contemplated widening the road and accordingly on 19 December 1930 acquired part of N`s land consisting of the frontage. On 30 December they leased it back to N together with a right to put up a temporary building which he could occupy until the authority needed the land. The new permanent building he wished to erect would have its frontage on the widened road. This was therefore a sale and leaseback agreement. The interest in the land became vested in the plaintiff and in 1975 they sublet the premises to LEB. The defendants were the successors to the original highway authority but were not themselves responsible for highways. However it was held that they could deal with reversion on the footing that the interest created by the memorandum of agreement was terminable. Prior to selling the land the authority served a notice under Landlord and Tenant Act 1954 s25 determ
650 _aLANDLORD AND TENANT ACT 1954 S25
650 _aNOTICE TO QUIT
650 _aROAD WIDENING
650 _aSALE AND LEASEBACK AGREEMENT
690 _aLANDLORD AND TENANT-CASE LAW-BUSINESS TENANCIES
942 _n0
948 _c04/03/1997
999 _c34191
_d34191