WebbThe name comes from leases where the rent is one peppercorn a year. Other kinds of token or nominal rents, such as £1, or a red rose each year, may also be referred to … http://www.grosvenorchapel.org.uk/about-1/history/

What does peppercorn rent mean? - YouTube

Webba rent formerly often stipulated in deeds and consisting in supplying a certain amount (as a pound) of black peppercorns at stated intervals… See the full definition Merriam … WebbIn such cases, the rent (or consideration) is known as a peppercorn rent and will not be demanded by the landlord. Peppercorn rents are common where long leases exist. They should not be confused with more … macari\\u0027s fish and chips fort william

Black pepper - Wikipedia

Webb25 sep. 2006 · A peppercorn rent is a very low, more or less negligible rent, such as 100 quid a year or less. The term is usally used with a flat where a long lease has been sold … Webb19 feb. 2013 · Peppercorn rent is a phrase in its own right, dating back several centuries, meaning a very low, nominal or token rent given as “a simple acknowledgement that … WebbThe church is now owned by the village on a peppercorn rent and is used for village services at least three times a year. On 5 September 1995 it was sold to a management buyout, for a peppercorn rent; the cost of the sale was recorded as £0.3 million. The club was granted a seven-year lease at peppercorn rent for its continued use. mac arm redis