Rent Free Fitting Out Periods in 1954 Act Renewals – Gatehouse Chambers

Posted November 21st, 2023 in chambers articles, landlord & tenant, leases, news, rent by sally

‘In a 1954 Act claim for a renewed business tenancy, the Court will (if the parties cannot agree) need to determine the rent payable by the tenant in respect of the new lease. As part of this process the Court will, invariably, hear expert evidence and consider comparables (ideally in the form of open-market transactions of similar properties in a similar area).’

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Gatehouse Chambers, 16th October 2023