Cases - Postel Properties Ltd v Greenwell

Record details

Name
Postel Properties Ltd v Greenwell
Date
[1992]
Citation
2 EGLR 130
Legislation
Keywords
Commercial properties – rent review – restricted use of premises – lease providing for rent to be reviewed at what the premises might reasonably be expected to be let 'for retail purposes' – whether the rent review clause required an assumption that the lease permitted any retail use
Summary

The lease of a shop restricted its use to the sale of china and crystal but provided for the reviewed rent to be that at which, having regard to the terms of the lease, the premises might reasonably be expected to be let 'for retail purposes'. This required an assumption that the lease permitted any retail use.