Cases - Iceland Foods Limited v Castlebrook Holdings Ltd

Record details

Name

Iceland Foods Limited v Castlebrook Holdings Ltd

Date

[2014]

Citation

PLSCS 95

Legislation

Landlord and Tenant Act 1954

Keywords

Lease renewal - length of new term

Summary

The tenant only sought a 5-year term. The landlord wanted 15. It adduced evidence that a short term would damage the value of its reversion. The court sought to balance the interests of both parties and ultimately ordered a new term of 10 years (double the length of term the tenant wanted). This shows that the court will sometimes order a longer lease than the tenant seeks.