Property Manager - EBS (MOSC)

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What is the correct way of including break clause in lease?

edited Nov 6, 2019 4:02AM in Property Manager - EBS (MOSC) 3 commentsAnswered

The scenario is as follows

Lease start date: 01/01/2020

Lease end date : 31/12/2060

Break clause expected to be exercised: 31/06/2040 [Agreement between lessor and lessee to end lease or to continue the same based on the internal business decision]

Rent of £10k per annum at start but increases £3k every 10 years

Paid monthly in arrears

Discount rate of 10% in FY39 but reduced to 8% in FY40

Thanks.

Atul

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