The property was required by the landlord for redevelopment so as far as I am aware a new lease was issued nothing in the original lease.
We now need the Valuation Office Agency's report on how the sale proceeds should be apportioned. You will have to approach them for this data; they are part of HMRC's empire, the old District Valuer. Once this is available then the calculation can be undertaken.
Ok thanks. I look forward to hearing from you shortly.
would it make a difference if there was a terms in the original lease for an early surrender?
Is it not compensation rather than a sale?