Would you know if you were over-charged for dilapidations by your landlord?
Dilapidations
Dilapidations Services
How can Bellrock help?
Dilapidations Consultancy:
- Inspect the property and analyse landlord dilapidation claims either during the lease “interim” or at the end of the lease “terminal”
- Review lease to establish tenant dilapidation liability
- Prepare dilapidation liability assessments
- Project costs for best-case and worst-cast scenarios and advise strategy
- Negotiate with landlord’s surveyor to reduce liabilities & costs
- Assess whether more economic for tenant to carry out building works
- Procure and implement building works if more cost-effective
- Assist in planning exit strategy or new lease negotiation
Our Successes
- Large supermarket retailer served with terminal dilapidation claim in Central London, for the sum of £543k. Following lease review to clarify liabilities, and application of statutory protection provisions, claim settled at £29,500, a saving of 6%
- Leisure goods retailer served with terminal schedule of dilapidations totalling £303k. Review of lease revealed tenant covenants incorrectly applied and tenant not Further, Landlord and Tenant Act 1927 afforded further protection which had not been considered. Claim reduced to nil
- Separate dilapidation claims made against portfolio of seven high street retail stores totalling £364,513 – lease review, site inspections and dilapidation negotiation resulted in overall saving of £221k or 95%
Dilapidation Benefits
What’s in it for you?
- Only pay costs you are legally liable for
- Challenge high cost estimates
- Resolve negotiations in accordance with Lease and Statutory liability
- Avoid disputes by ensuring you are fully lease compliant