000			01566cab a2200181 4500
001			ABS37765
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u6654
041			_aeng
245			_aNorth Eastern Co-operative Society Ltd v Newcastle upon Tyne City Council and Another
260			_c1987
350			_a0
490			_aEstates Gazette _v282(6338) 13 June 1987, 1409-1414(4)
520			_aChD 21 November 1986 A lease for 42 years was granted by the defendant council to the plaintiff in respect of supermarket premises, containing provisions for rent reviews , the first review date being 1 December 1983. The lease provided that from the date of review the yearly rent should, in default of agreement, be the initial rent of 5,725 or an amount equal to the rack rental value at the review date as agreed by the parties or,in default, as determined by an independent surveyor agreed by the parties or, (in default), by an arbitrator nominated by the President of the RICS "and this lease shall be deemed for this purpose to be a submission within the Arbitration Act 1950 . Three years before the first review date the plaintiff ceased to used the premises. It offered the lease for acquisition at the initial rent of 5,725 but no purchasers could be found. The parties could not agree the rack rental value, but did agree that the second defendant should act as an independent surveyor
690			_aMANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
942			_n0
948			_c04/03/1997
999			_c3966 _d3966