Regent Court, Leicester
Instructions were received to negotiate a claim for a Tenant whose Landlord had served a Schedule of Dilapidations at £483,000.
The property was a listed detached office building in Leicester City Centre. Our Building Surveyor’s response was a total sum of £275,000 (the Building Surveyor seeking to reflect reasonably assumed supersession if converted to residential or instead upgraded to modern offices).
In light of this, our valuer produced a Diminution in Value Assessment at £115,000. Applying this assessment allowed us to reach a settlement of £115,000.
By automatically providing both the Building Surveyor and Valuer, it ensures the best result for our clients and significantly lower settlements.
How We Can Help You
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.