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Peloton, Victoria Industrial Estate Acton

Instructions were received to negotiate a significant claim for a Tenant in a mid-terrace industrial unit in an established industrial location. 

The Landlord's (Cost of Works) claim by the Building Surveyor was £51,238. Our Building Surveyor’s response was a total sum of £20,000.

The above opposing figures between Building Surveyors ordinarily set the parameters of the eventual settlement sum, usually at about the midpoint (c £35k in this instance).

However, as we are the only dilapidations consultancy which also employs specialist Valuation Surveyors who, at no additional fee, automatically apply the law which caps payments to the lower impact on the property’s value, we secure lowest achievable settlement sums.

The agreed settlement was £25,000, saving the tenant significant sums. 

The offices were of a dated specification and so our Valuer successfully argued they needed to be upgraded by the Landlord regardless of condition when vacated. Such included modern w/cs and LED lighting, therefore, leading to supersession. 

Similarly, the demise included partitions that were Landlord’s fixtures and fittings that would have to be removed, thus not being the former Tenant’s liability.  This, in turn, would ‘damage’/supersede works to decorations and ceilings.

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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.

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