WH Smith Retail Holdings Ltd v Commerz Real Investmentgesellschaft mbH
County Court at Winchester, 25 March 2021 (claim E01BS237) · County Court at Winchester — HHJ Richard Parkes QC · 2021
The question
Where both sides accept some form of pandemic clause, what should it say — and how much weight do pandemic-era comparables carry when fixing rent?
What was held
The clause went in, because its principle was agreed and only the wording was in issue. The court also addressed how far pandemic-affected transactional evidence can be relied on when setting the s.34 rent.
County Court, unreported. Persuasive only; cite by court, judge and claim number.
For a landlord
Read alongside Poundland: outcomes on modern clauses turn on the evidence and on what you concede, not on a fixed rule.
For a tenant
Getting the principle conceded early is what wins the clause. On rent, expect close scrutiny of distressed or turnover-based comparables.
The provisions this turns on
Apply it to your matter
Read alongside this
- B&M Retail Ltd v HSBC Bank Pension Trust (UK) Ltd[2023] EWHC 2495 (Ch)
- W (No.3) GP (Nominee A) Ltd & anor v JD Sports Fashion plcNottingham County Court, 22 October 2021 (E00DE178)
- Old Street Retail Trustee (Jersey) Ltd v GB Healthcare LtdUnreported, County Court at Central London, 18 November 2022 (G02CL960)
- Dukeminster Ltd v West End Investments (Cowell Group) LtdCounty Court, 2018 (reported in practitioner briefings)
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Case summary for general guidance only, not legal advice. Judgments turn on their own facts and later decisions may qualify them — check the primary transcript before relying on any point in correspondence or proceedings.