Commercial Enfranchisement - The Key Issues Uncovered
Introduction
Mixed commercial/residential premises can sound like a perfect investment opportunity, however the Leasehold Reform Act 1967, a ‘statute which is about houses as places to live in’, can give some commercial tenants the right to compulsorily acquire the freehold of their building. This blights the investment value for the freeholder.
This webinar will guide you through the implications for landowners, investors and tenants alike.
What You Will Learn
This webinar will cover the following:
- Which commercial tenants qualify: the problem of occupation - Annington v Secretary of State for Defence
- The problem with terraces and parades of shops: Jewelcraft v Pressland; Tandon v Spurgeons; Freehold v Field
- Part commercial, part residential - are there ‘tipping’ points? Untangling Day v Hosebay; Grosvenor v Merix; Grosvenor v Prospect
- Help for the freeholder: the view from the Supreme Court in Sequent v Rotrust
This webinar was recorded on 13th May 2024
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