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ARTICLE · 23 OCTOBER 2014

Lift And Shift

Wedlake Bell LLP
Wedlake Bell LLP
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Wedlake Bell LLP

Wedlake Bell LLP

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As cranes start to reappear on London's skyline again, some tenants are surprised to learn they can be forced out of their property.

United KingdomReal Estate and Construction

As cranes start to reappear on London's skyline again, some tenants are surprised to learn they can be forced out of their property.

An occupier of premises for the purposes of a business generally has the right to a new lease when the current lease expires. This right stems from the Landlord and Tenant Act 1954. However there are exceptions to this principle.  The uptick in the economy has focussed attention on a landlord's right to end a lease because he intends to demolish or reconstruct the premises or a substantial part of them, or carry out any substantial works of construction on the premises or part of them, and that he could not reasonably carry out these works without obtaining possession of the premises.

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