In Iceland Foods Ltd v Castlebrook the court considered the often thorny issue of the length of term which a tenant should be granted in a lease renewal under the Landlord and Tenant Act 1954. Under the Act, the court can grant a maximum term of 15 years. However tenants nowadays often want much shorter
Monthly Archives: May 2014
No refund in M&S break case
The Court of Appeal refused to imply a term into a lease that would enable a tenant to a refund of rent paid in advance and which related to a period after the break date. This was despite the fact that the tenant had paid a break premium equivalent to approximately one year’s rent. Marks