£100,000-a-year rent battle over Vivienne Westwood flagship store

11 February 2017 – by Jess Harrold

Fashion designer Vivienne Westwood today launched a court fight to avoid a £100,000-a-year rent hike for her flagship store in Mayfair.

Westwood

Her company, Vivienne Westwood Ltd, is seeking a court declaration that current landlord Conduit Street Development is bound by an implied agreement between the tenant and its predecessor setting a £125,000 pa rent for the five years from November 2014, the date of the first rent review of the store at 44 Conduit St, London W1.

However, the landlord is seeking a ruling that the tenant must pay the market rent of £232,500 pa.

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