Cases - National Car Parks v Paternoster Square

Record details

Name
National Car Parks v Paternoster Square
Date
[1990]
Citation
15 EG 53
Legislation
Keywords
Lease renewal - break clauses
Summary

While there were considerable difficulties in the way of the future development proposed by the landlord, in that planning permission had not been obtained and there were issues surrounding the right to vacant possession of part of the development site, the Vice Chancellor was satisfied that there was a real possibility (as distinct from a probability) that the landlord would redevelop the site. The court ordered the inclusion of a general redevelopment break clause exercisable at any time on 6 months' notice. The tenant was adequately protected by the Act in that on exercising the break the landlord would still have to establish ground (f) and that could involve a considerable time lag.