Property Patter: Break options in renewal leases

How break rights work for business tenancies protected by the 1954 Act

What grounds does a landlord need to satisfy in order to terminate this type of lease? And when can a landlord or a tenant seek to insert a break option into a renewal lease? Richard Flenley and Emma Preece join Emma Humphreys takes a closer look.

Cases referred to during this podcast are listed below:

• O’May v City of London Real Property Ltd [1982] 261 EG 1185
• HPUT Trustee No 1 Limited & HPUT Trustee No 2 Limited v Boots UK Limited (County Court at Central London, Unreported, 24 May 2021)
• Reohorn v Barry Corporation [1956] 1 WLR 845
• Adams v Green [1978] 2 E.G.L.R. 46
• National Car Parks Ltd v The Paternoster Consortium Ltd [1990] 1 EGLR 99