DILAPIDATIONS, BRISTOL
Overview
Sector
- Commercial
Service
- Dilapidations
Location
- Bristol
Instruction Details
Our Client occupied a 5 storey office building in Bristol, under a fully repairing and insuring lease. The lease was due to expire in September 2013 and several months prior to this our Client, concerned about their end of lease repairing obligations, approached their landlord to enquire about the potential dilapidations claim that would be served on them.
The landlord would not engage in discussions prior to the lease end so we were instructed to prepare a dilapidations assessment setting out the anticipated items of claim and the likely cost of such works. We completed this instruction three months prior to the lease end it allowing our Client to formulate their exit strategy. This assessment allowed our Client to decide whether to undertake the dilapidations works prior to their lease end, as they were entitled to do, or to wait for the formal claim from the landlord to be prepared and negotiate a cash settlement.
In undertaking this instruction we reviewed the lease documentation, undertook a survey of the building and prepared a report setting out our Clients liabilities and the anticipated costs for the works required to address those liabilities. For further information please contact Anna King (anna_king@tg-a.co.uk , tel: 01737 829070).