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Potters BarLEASEHOLD ENFRANCHISEMENT |
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CLIENT BRIEF |
To negotiate a suitable price for the acquisition of an extended lease following an application made by the tenant. Subsequently when agreement could not be reached to prepare and submit a case to the Leasehold Valuation Tribunal. |
WORK UNDERTAKEN |
Investigation into historic and current evidence of transactions, preparation of a valuation and advice to client, proposal made and negotiations with the tenant. Preparation of a formal valuation, attendance at and giving evidence to the Leasehold Valuation Tribunal. Receiving the decision of the Tribunal. |
RESULT |
Price established for an extended lease by the Leasehold Valuation Tribunal at a level higher than offered at the Tribunal Hearing. |
REF |
189-2 |
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