Before settling or agreeing a lease reserving a turnover-based rent you could do far worse than check for the pitfalls discussed by CMS solicitor Mark Heighton in
Does the definition of “turnover” extend to online sales? Should there be special controls on assignments? What is truly intended by a rent-free period?
A great chance to learn from other people’s mistakes.
Before settling or agreeing a lease reserving a turnover-based rent you could do far worse than check for the pitfalls discussed by CMS solicitor Mark Heighton in Turn over the issues Estates Gazette 2 March 2002, p214.
Does the definition of “turnover” extend to online sales? Should there be special controls on assignments? What is truly intended by a rent-free period?
A great chance to learn from other people’s mistakes.