0:00
Now the owners of Brent Cross Shopping Centre, bear with me, are suing John Lewis
0:04
Simon, why is this important? Its anchor tenant is John Lewis and has been since it opened in the 70s
0:11
But it's had a bit of an argument with the owners of the shopping centre
0:17
Hammerson, over the way it pays its rent. It pays a certain share of its sales in the shop as rent
0:24
But what John Lewis has been doing up until now is they've excluded click and collect sales from the rental calculation
0:31
And Hammerson have got a bit cross about this. And they say, actually, no, you've got to include that
0:35
John Lewis have got out their original lease agreement from the 70s
0:39
which is still the one that stands now, which has no mention of click and collect
0:43
You'll be shocked to hear. What a huge legal error from their team there that they couldn't see it coming
0:48
It does say that telephone orders should be included in rental calculations
0:52
And Hammerson say, well, click and collect is the modern telephone order. Thank you