Portsmouth City Football Club v Sellar Properties (Portsmouth) Ltd & Anor
On the proper construction of the option agreement as amended, the 'Milton Lane Allowance' refers only to a sum required by the Council for its consent as highway authority to cross Milton Lane, which was nil. Therefore, the purchase price is £900,000 (£2,000,000 less £1,100,000).
- Parties
- Claimant: Portsmouth City Football Club; First Defendant: Sellar Properties (Portsmouth) Limited; Second Defendant: Singer and Friedlander Properties PLC
- Jurisdiction
- England and Wales
- Judgment Date
- 17 September 2003
- Procedural Posture
- Civil (contract/commercial) / Judgment After Expedited Trial of Part 8 Claim
- Outcome
- Declaration granted in favour of the Claimant.
- Legal Topics
- Interpretation of Contract Terms, Option Agreements, Apportionment of Consideration, Frustration of Contract, Specific Performance, Planning Obligations (section 106)
Case Brief
Summary, issues, holding and outcome
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Parties
Portsmouth City Football Club
Claimant
Sellar Properties (Portsmouth) Limited
First Defendant
Singer and Friedlander Properties PLC
Second Defendant
Procedural Posture
Civil (contract/commercial) / Judgment After Expedited Trial of Part 8 Claim
Legal Issues
- 1 What is the correct construction and application of the 'Milton Lane Allowance' clause in the option agreement as amended?
- 2 Is the purchase price for the option land £900,000 or £2,000,000?
- 3 Was a sum attributable to and specifically identified by Portsmouth City Council for consent to cross Milton Lane?
Ratio Decidendi
On the proper construction of the option agreement as amended, the 'Milton Lane Allowance' refers only to a sum required by the Council for its consent as highway authority to cross Milton Lane, which was nil. Therefore, the purchase price is £900,000 (£2,000,000 less £1,100,000).
Court Disposition
Declaration granted in favour of the Claimant.
Orders
- Declaration that the purchase price is £900,000.
Full Case Text
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