Cases - Forbuoys plc v Newport Borough Council

Record details

Name

Forbuoys plc v Newport Borough Council

Date

[1994]

Citation

24 EG 156, CC

Legislation

Landlord and Tenant Act 1954

Keywords

Lease renewal - alienation

Summary

The court inserted a 3-yearly upwards-and-downwards review provision in respect of a 9-year term of a shop unit even though other units in the shopping centre had been let on the open market with upwards-only reviews. The judge considered that the insertion of an upwards-and-downwards review was fair to both the landlord and the tenant.