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First-tier Tribunal (Property Chamber)
You are here: BAILII >> Databases >> First-tier Tribunal (Property Chamber) >> Simnat Plc v Croftbride Limited (London : Section 48) [2015] UKFTT RP_LON_00AU_OLR_2014_1381 (30 January 2015)
URL: http://www.bailii.org/uk/cases/UKFTT/PC/2015/RP_LON_00AU_OLR_2014_1381.html
Cite as: [2015] UKFTT RP_LON_00AU_OLR_2014_1381, [2015] UKFTT RP_LON_AU_OLR_2014_1381
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Simnat Plc v Croftbride Limited (London : Section 48) (30 January 2015)
Category
1993 Act Decisions
Description
The tribunal was tasked with deciding the extended lease value, unimproved existing lease value, relativity and premium payable.
Address
1 Berry Lodge Crouch Hill London N4 4BA
Applicant Name
Simnat Plc
Applicant Type
Leaseholder
Respondent Name
Croftbride Limited
Tribunal Reference
LON/00AU/OLR/2014/1381
S20c
-
Fees
-
Costs
-
Hope Value
-
Intermediate Lease
-
Unexpired Term
43.19 years
Determination Inc Marriage
The tribunals determination is that the premium to be paid for the extended leases of the subject flat and garage is ?57,870.
Capitalisation Rate
0.09
Deferment Rate
0.05
Relativity
-
Decision: