The Pub People Company has recently added two new pubs to their portfolio. Dilapsolutions assisted with the acquisitions, providing dilapidations advice and reinstatement cost valuations.
Due to the time-sensitive nature of the acquisition process, we conducted a prompt inspection and provided comprehensive reports. A dilapidations assessment was required to see if there were any major problems with the building and the reinstatement valuations to ensure they had adequate insurance cover. Reinstatement valuations are important to help establish the rebuild cost of a building to ensure it is adequately insured. Our reports ensured that The Pub People Company could proceed with confidence.
Neil Burridge, a key figure in Dilapsolutions’ assistance, commented: "The comprehensive valuation reports and dilapidations liability assessments played a crucial role in helping The Pub People Company’s strategic acquisition.
We have assisted in providing dilapidations advice and reinstatement cost valuations on several acquisitions for the company and look forward to assisting on further sites!”
About the author
Neil has over 15 years of experience in professional and agency matters relating to commercial property throughout the UK and Ireland representing a range of corporate and private clients, investors and developers.
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.