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Dulwich Estate and the death of the toy-shop ...."Public School Forces Toyshop To Close"


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"A demonstration of local schoolchildren carrying placards decrying the ?toy shop killer? will take place on 30 January." according to the Londonist:


http://londonist.com/2016/01/we-are-being-punished-for-making-our-area-better

I'm sure many of you are already aware of the plight of this Herne Hill institution, we are lucky enough in East Dulwich to host a sister shop on Lordship Lane, hence the reason for this post.


So the shop closes, another very near. Less overhead more customers, win win all round

Dear Ms Jones

Contrary to what is published on-line and elsewhere, The Dulwich Estate did not increase the rent on 18 Half Moon Lane by 70%. Our policy is not to discuss arrangements between us and our tenants since we regard these as private and confidential. However, the facts of the situation with regard to the tenancy of 18 Half Moon Lane are as follows:

i) The lease on 18 Half Moon Lane came to an end on 18 July 2015 and the Estate served (in 2014) the appropriate notice under Landlord & Tenant legislation;

ii) The Tenant did not make the relevant application to court to protect its right to a new tenancy;

iii) The rent had been fixed for the five period from July 2010 to July 2015;

iv) The notice served by the Estate under i) above, proposed (for a new lease) a maximum increase in rent of 29% (equivalent to 4.8% p.a. for the five year period 2010 to 2015 ) but this proposed rent was negotiable. However, the Tenant did not negotiate this but remained in occupation until the end of this month (at a rent reflecting the market value of the property in mid 2015).

It is unfortunate that the toy shop is closing but I trust that you will recognise from the facts, above, that the Estate has not acted unreasonably. We do not seek to replicate the average high street: in our parade, we have independent businesses (with the exception of Oxfam).

Yours sincerely

John Major

Chief Executive Direct dial: 020 8299 5600

The Dulwich Estate




In the interests of fairness.

Thanks!


Otta Wrote:

-------------------------------------------------------

> Dear Ms Jones

> Contrary to what is published on-line and

> elsewhere, The Dulwich Estate did not increase the

> rent on 18 Half Moon Lane by 70%. Our policy is

> not to discuss arrangements between us and our

> tenants since we regard these as private and

> confidential. However, the facts of the situation

> with regard to the tenancy of 18 Half Moon Lane

> are as follows:

> i) The lease on 18 Half Moon

> Lane came to an end on 18 July 2015 and the Estate

> served (in 2014) the appropriate notice under

> Landlord & Tenant legislation;

> ii) The Tenant did not make the

> relevant application to court to protect its right

> to a new tenancy;

> iii) The rent had been fixed for

> the five period from July 2010 to July 2015;

> iv) The notice served by the

> Estate under i) above, proposed (for a new lease)

> a maximum increase in rent of 29% (equivalent to

> 4.8% p.a. for the five year period 2010 to 2015 )

> but this proposed rent was negotiable. However,

> the Tenant did not negotiate this but remained in

> occupation until the end of this month (at a rent

> reflecting the market value of the property in mid

> 2015).

> It is unfortunate that the toy shop is closing but

> I trust that you will recognise from the facts,

> above, that the Estate has not acted unreasonably.

> We do not seek to replicate the average high

> street: in our parade, we have independent

> businesses (with the exception of Oxfam).

> Yours sincerely

> John Major

> Chief Executive Direct dial: 020 8299

> 5600

> The Dulwich Estate

>

>

>

> In the interests of fairness.

In the interests of fairness


if you include the rent on the garage, parking etc that you hand't been charging for previously that does raise it to 67.5% rent increase.


and in the interests of fairness, you (or rather your surveyor) have singularly failed to answer emails or process the responses from the Toy Shop at all.


Thus failing in your duty as a landlord to actually you know, manage the property.


Add that to the fact you have three pubs, none of which are currently opened (in fact one has been demolished) and your inabiliy to curate the mix of shops so that there is a good mix of shops ( I believe that Number 22 has been let to a hairdressers, the 7th in the area not counting barbers - I refuse to believe Herne Hillers have that much hair) then I'd argue you do have a case to answer for not performing your duties as a landlord adequately

Mick Mac Wrote:

-------------------------------------------------------

> John Major works for Dulwich Estates! Is that what

> he's doing now.

> I bet he doesn't raise the rent on local Currie

> houses.


Are there any curry houses on Dulwich Estate lands?

Mick Mac Wrote:

-------------------------------------------------------

> John Major works for Dulwich Estates! Is that what

> he's doing now.

> I bet he doesn't raise the rent on local Currie

> houses.



I goy it MM. Very good.

blimeyoreilly Wrote:

-------------------------------------------------------

> In the interests of fairness

>

> if you include the rent on the garage, parking etc

> that you hand't been charging for previously that

> does raise it to 67.5% rent increase.

>



Well if that is the case, it should be made clearer. Just saying DE have raised my rent 70% is not an accurate statement is it?

No one said that - it was a third party passing on what they knew. I'm passing on what I know. We have heard directly from Dulwich Estates, but I think if anyone was being disingenuous it was them, as they entirely failed to mention this, or that their surveyor had failed to respond.

Mick Mac Wrote:

-------------------------------------------------------

> John Major works for Dulwich Estates! Is that what he's doing now.

> I bet he doesn't raise the rent on local Currie houses.


But they'll still probably get completely shafted!

Yeah, I know, right - this person appears from nowhere with very strong opinions. Consider me your Herne Hill deep throat, and for reasons you can probably work out I'll stay anonymous. That hopefully won't negate my opinions in your eyes.

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