The online resource for UK Property Law

Commercial property rent review

Article contributed by Michael Lever   Commercial property rent review When drafting a lease of a commercial property containing rent review to the open market rent, careful-wording will enable whatever happens in practice to complement the underlying commercial purpose of a rent review – that, per British Airways plc v Heathrow Airport plc 1992 “…is to ensure that the rent payable during the term of a long lease reflects changes in the value of money and of the property let. This…

You must be logged in to view this content.

This content is available on our subscription plans - join today for full access to the legal library