In a guideline decision of great interest to commercial property landlords, the Upper Tribunal (UT) has ruled that prestige office premises which were stripped bare in preparation for the arrival of a new tenant had a nil rateable value. The case concerned two floors of
Boarded-up premises are a blight on any shopping centre, causing loss to landlords and other tenants alike, and that is why many leases include covenants which require retail units to be kept open. One such clause was considered in a case concerning a shop left
When commercial leases expire or are terminated, tenants are generally entitled to have them renewed – but there are exceptions to the rule. One such exception came under analysis in a guideline High Court case concerning the future use of a historic airfield which saw service
Brexit is having all sorts of unforeseen impacts, but one thing it will not do is enable the European Medicines Agency (EMA) to tear up its 25-year lease on its former London HQ. In a unique decision, the High Court rejected the EMA’s plea that
Professional drafting of any legal agreement really does make good sense and that is doubly so when the subject matter is an interest in land. The point was made by a case in which informal occupation of commercial premises gave rise to intractable and costly
