In this section
Nelson Court, Derby
Instructions were received to prepare a Schedule of Dilapidations (a formal report that provides a precise breakdown of repairs that must be scheduled to reinstate a property to its original condition as stated in the lease agreement) for the Landlord of an industrial unit.
Our Building Surveyor concluded a Quantified Demand (a document which is sent to the tenant which sets out details of the landlord’s dilapidations claim and costings) of £52,745.
The former Tenant’s response was £15,000. They concluded that many of the works would not impact a reletting.
Our own market experience, along with the letting agent input, illustrated that the majority of works would have to be undertaken as they related to the roof (which needed to be wind and watertight) and the office accommodation (which was in a poor condition).
This enabled us to reach a settlement of £40,000 swiftly which minimised professional fees for the client.