Business lease renewal – rent – Calderbank offer – costs – conduct of the parties

Marks and Spencer Plc v First Chapter Co Ltd (Unreported) BT/20/2013 (Lands Tribunal for Northern Ireland) (Mr Henry Spence MRICS Dip Rating IRRV (Hons) (15 October 2015)


This case is a timely reminder of the adverse costs consequences of not providing full and timely information on comparable transactions when rent payable under a new lease is in issue.