Commercial Leases
Lease of business premises – assignment – obligation on tenant to grant landlord an option to purchase the lease – trigger event – requirements – validity of ‘offer to sell’ notice – validity of application for consent to assign – rent deposit – consent unreasonably withheld
TCG Pubs Ltd and another v The Art or Mystery of the Girdlers of London [2017] EWHC 772 (Ch) (Mann J) (10 April 2017)
The title of this authority was sufficient on its own to merit a mention. However, the lengthy judgment of Mann J, which runs
to 110 paragraphs, contains some nuggets to share with readers because they give practical guidance on the management of applications
to landlords.