breach of contact resulting in loss of income of £5435 (after seeking to mitigate loses).
in brief the contact was for all the rooms / 5 rooms in our B&B for the company's employees. This was subject to a minimum period of 6 months at a rate of £1500 per week. They terminated the agreement after 3 months.
also what is the highest level of interest I can reasonably claim?
ok, I've decided just to go for the full amount. I am now completing the section on the online claim that asks for - A short statement (maximum 1080 characters) of what you are claiming for and why.
would you please review my statement and advise?
We operate a small B&B, Colthrop Manor Ltd (the claimant). In June 2015 we were approached by and subsequently negotiated a contract with TSO / Traffic Safety Officer Services Ltd (the defendant). Under the terms of the agreement TSO were to have all the rooms in the B&B (5 rooms) on an ongoing basis at a discounted rate of £1500 per week. In negotiations the defendant stated that they needed the accommodation on a long term basis as they had a 5 year contact to service close to our location. The deal was made subject to a minimum term of 6 months.On the evening of Tuesday 1st September we received a telephone call from Tony Pope, the Managing Director of TSO, informing us that their contract had been cancelled and that they no longer required the accommodation.