Unit 207, Centre Court Shopping Centre, SW19 8ND
Shop and premises Decided 2 July 2024 CHG100746931 Montagu Evans - Ben Monk/BNP Real Estate
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 12 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant claimed a 7.5% reduction for the loss of Debenhams anchor store from Centre Court Shopping Centre, which closed on 1 February 2020. The tribunal found that Debenhams' departure as a key tenant occupying 37.8% of the centre did cause a reduction in footfall and trade, resulting in subsequent unit vacancies. However, the tribunal determined that the full 7.5% claimed was excessive, particularly given that AFC Wimbledon had begun occupation of another unit by the material date (17 July 2020), which signified a recovery in trading. The tribunal allowed the appeals in part with a 5% reduction effective from 13 July 2020.
Summary generated from the decision text and checked against it. The appellant was Standard Life Assurance Ltd, represented.
Grounds argued
- Change of circumstances · decisive
- Change of circumstances
- anchor store closure
- Evidence
- Rents
- Hearing
- 17 June 2024
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- Unit 220, Centre Court Shopping Centre, SW19 8ND — Allowed in part, 2 Jul 2024
All decisions in London Borough of Merton · Shops nationally
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