Electricity Sub-Station Lease Renewal

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  • Peter G May
    replied
    Thank you rent review specialist, very helpful

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  • rentreviewspecialist
    replied
    I don't think there are any rent restrictions in legislation. The user clause is likely to be the valuation issue. I suggest reading Northern Electric v Addison (1997), [1997] 39 EG 175

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  • JK0
    replied
    Just ask them for their best offer IIWY. What else can you do?

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  • Peter G May
    started a topic Electricity Sub-Station Lease Renewal

    Electricity Sub-Station Lease Renewal

    A substation lease in a Church Car Park has expired. In a 1954 Act Lease Renewal I would expect the tenant to pay market rent but will this be restricted due to the user clause, if any? The lease dates from 1965 and although it refers to the electricity supplier it does not in my view have strict user clause as it refers to the land. Consequently can I charge a market rent more reflecting the alternative use value of car parking spaces? Are there any restrictions in the Electricity Act 1989 which restricts the rent. We understand we cannot oppose a renewal.

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