When a landlord decided to change the address of a building (by changing the name to that of an incoming and significant tenant), the other tenants reacted badly.
Faced with the costs of reprinting stationery and the like, they opposed the move and the outcome is a hearing before the planning committee of the City of London.
Although this scenario does not happen frequently, the possibility that a landlord may wish to change the name of a major building or complex should be borne in mind and, if it is important to your business, a restriction on the landlord’s rights or a compensation clause should be considered.
Normally a landlord can change the name of a building simply by seeking the consent of the local authority.