Acting for the Tenant of 8 Glasshouse Street, London W1, I
negotiated the rent review 24 June 2002.
Landlord: Land Securities PLC
Landlord's Surveyors: Drivers Jonas.
The rent was £93,000 per annum and the Landlord's proposal
was £222,000 per annum. The Landlord referred the
matter to arbitration but proceedings were not
pursued. I negotiated agreement at £125,000 per annum.
A
saving of £97,000 per annum