000			01247cab a2200229 4500
001			ABS58605
008			090401t1998 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u85788
041			_aeng
245			_aBrown v Gloucester CC
260			_c1998
350			_a0
490			_aEstates Gazette _v(9816) 18 April 1998, 137-140(4)
520			_aCA 3 November 1997. Gloucester CC granted a lease for a term of 125 years of vacant land with the intention that the land be developed. The lease was subject to a five year upwards-only rent review. The rent at review was to be equal to the passing rent or ten per cent of the rack-rental value or whichever was greater. If no building had been constructed the rack-rental value was to be defined in relation to a `notional building site coverage...` hypothetically let in the open market. The tenant contended successfully that the valuer should treat each of the buildings as let for the residue of the term granted by the lease. Landlord appealed. Appeal allowed.
650			_aBROWN V GLOUCESTER CC
650			_aRENT REVIEW CLAUSE
650			_aTERMS OF LEASE
650			_aUPWARDS-ONLY
690			_aLANDLORD AND TENANT-CASE LAW-RENT REVIEW
942			_n0
948			_c24/04/1998
999			_c53961 _d53961