Decision

• The Landlord has appointed external
agents to undertake rent reviews and lease renewals across its
commercial estate.
• The appointed agents have advised that following attempts at
engaging with the Tenants, they have been unable to make any
progress in the matter of the lease renewal, the Tenant stating it
intends to continue to “hold over” under the terms of
an expired lease.
• The notice to be served is a statutory notice which will
bring the existing lease to an end. The notice is non-hostile
– i.e. the external agent has provided Heads of Terms which
will be included with the statutory notice and which form the basis
of the Landlord’s proposal for a new Lease term.