Issue - decisions

Revision in rent of the Lease dated 25/6/81 of Protech Lysons Avenue Ash Vale leased to Kenneth David Buckman.

10/07/2024 - Revision in rent of the Lease dated 25/6/81 of Protech Lysons Avenue Ash Vale leased to Kenneth David Buckman.

To approve the reviewed rent of the above property leased to Kenneth David Buckman.

In accordance with the first schedule of the lease, the annual passing rent of £29,900 has been reviewed as at 31/7/22 and it is proposed to increase it to £34,000.

This accords with the available comparable evidence bearing in mind the terms of the lease. Our consultant recommends the matter is concluded after a period of negotiation.

A memorandum will be endorsed on the lease recording this review.

If you have any queries, then please contact Charles Wood who will be happy to provide further information.