The Landlord and Tenant Act
1954 (the Act) was introduced after the
end of World War 2 to provide business tenants with security of tenure.
The Act provides business tenants with the right to continue in
occupation of the premises after the end of the contractual term on
the same terms as their current lease, as well as a right to acquire a new
lease.
A tenancy that is protected by the Act continues unless
terminated by one of the methods prescribed under the Act.
Where the Act applies, it is more difficult for a landlord to
recover possession of the property as they have to rely on one of
the statutory grounds.
This can have significant implications if a landlord wishes to
redevelop.
