000 01567cam a2200253 4500
001 ABS67265
008 031124n2003 000 0 eng u
035 _a(Sirsi) u124435
245 _aBeegas Nominees Ltd v Decco Ltd
260 _c2003
490 _aEstates Gazette Law Reports
_v[2003] 43 EG 138 138-141(4)
520 _a[2003] EWHC 1891 31 July 2003. Application by the claimant landlord (B) under the Arbitration Act 1996 s45 for the determination of rent payable on a lease of a distribution warehouse at Stone Business park let to the defendant tenant (D). The lease was subject to upwards-only rent reviews. The new rent was to be the higher of the current rent or the Market Rental Value. The lease required the arbitrator to use evidence of rental values at two specified business parks as if those premises were situated upon Stone Business Park. B contended that the subclause required the arbitrator to ignore the geographical location of the comparable lettings and to substitute for it a location in the business park. D contended that the subclause did not require the arbitrator to make an adjustment. "Held" the declaration was made as requested by the landlord.
590 _aABS
650 _aRENT REVIEWS
650 _aMARKET RENTAL VALUES
650 _aASSUMPTIONS
650 _aVALUATIONS
650 _aPROPERTY-COMMERCIAL PROPERTY
650 _aARBITRATION ACT 1996
650 _aBEEGAS NOMINEES LTD V DECCO LTD
650 _aCOMPARABLE PROPERTIES
690 _aLANDLORD AND TENANT-BUSINESS TENANCIES-CASE LAW
942 _n0
999 _c73833
_d73833