We are pleased to have been featured in the latest edition of Warehouse & Logistics News, published by the UK Warehousing Association (UKWA), in an article exploring why warehouse occupiers should take a proactive approach to dilapidations.
The feature, The Cost of Leaving It Late: Why Warehouse Dilapidations Demand Early Action, highlights the potentially significant financial impact dilapidations can have at lease end and the practical steps businesses can take to reduce risk.
The article discusses several key themes, including:
- The importance of a comprehensive Schedule of Condition at the start of a lease.
- Keeping maintenance, repair and warranty records throughout the tenancy.
- Understanding reinstatement obligations for alterations and fit-outs.
- The benefits of carrying out a Dilapidations Liability Assessment well before lease expiry.
- Why warehouse occupiers should consider both building surveying and valuation expertise when assessing potential liabilities.
The article features insight from Dilapsolutions Managing Director Paul Raeburn, who explains how combining the expertise of a Chartered Building Surveyor and a Chartered Valuation Surveyor can help tenants better understand their obligations and potentially reduce dilapidations liabilities.
For warehouse and logistics businesses, dilapidations are often overlooked until the lease end approaches. As the article highlights, early planning and professional advice can help avoid unexpected costs and place occupiers in a much stronger position when negotiations begin.
You can read the full article in Warehouse Magazine on page 10 here.
If you would like to discuss a warehouse or logistics dilapidations matter, our team would be happy to help. Please contact Paul by email: paul@dilapsolutions.com.
Dilapsolutions
Chartered Surveyors
We are the only dilapidations consultancy in the UK & Ireland that provides both Chartered Building and Valuation Surveyors, ensuring the best results for our clients.
