ABSTRACT

Lucifer is the registered proprietor of a dockside warehouse. In 1995, he sub-divides the warehouse into two distinct units. The same year, he lets Plot A on a 30 year lease by deed to Tiger, an importer of soft toys. Tiger covenants not to use the premises for any manufacturing process and to provide Lucifer with three free soft toys each Christmas. Lucifer promises ‘to maintain in good repair the Premises comprised within Plot A’. In 1996, Tiger assigns his lease to Kanga and she begins to make computer chips. She continues to store some soft toys, having purchased Tiger’s excess stock. In 1997, Kanga allows her son, Roo, to take over the premises, acknowledging his assumption of the tenancy in a written agreement. Roo disposes of all the soft toys and begins large scale manufacture of computer chips. The same year, Lucifer assigns his reversion to Archy.