Schedule of Condition – London

Our Client, the freehold owner of a building in Camden High Street, was in advanced negotiations with the incoming tenant and was looking to complete the lease imminently.  The property was a period building in a prominent location along Camden High Street, which formed two demises. The property comprised of a retail unit on the […]

Dilapidations Advice – Epsom, Surrey

Our Client owned a practice in Epsom which operated a surgery.  Our Client was due to retire and was proposing to sell the ownership of the business to a colleague and wanted to terminate the Lease for their demise, which was in his name, early for his colleague to then agree a new lease directly […]

Dilapidations Survey Template

A dilapidations survey is undertaken at the end of the lease.  This provides the information for the landlord’s surveyor to prepare a schedule of dilapidations which is a claim against the tenant and this is included in a template which forms part of the schedule of dilapidations report. The schedule of dilapidations is the basis […]

Building Survey and Schedule of Condition – Surrey

We were pleased to receive instructions from our Client negotiating a lease of the retail unit for use as a hair salon.  The negotiations were well progressed however the demised space was in a modest condition with the previous tenants fitting remaining in place.  The retail until is also located in a period building with […]

Planned Maintenance Plan – Gosport, Hampshire

We are delighted to report our instructions received from the Board of Directors of a site in Gosport Hampshire to prepare planned maintenance plans for the 10 residential blocks on the site. The site was historically occupied by the British Navy and the site includes a number of former military buildings that had since been […]

Fire Reinstatement Cost Assessment – Reigate, Surrey

We were delighted to receive instructions from a Property Manager to review the reinstatement cost of a period Listed building property in Reigate, Surrey.  The reinstatement cost was required in preparation of the renewal of the buildings insurance. The property was formerly a residential dwelling that had since been converted into offices, retaining many original […]

Schedule of Dilapidations, Tooting

We were contacted by a solicitor, who, on behalf of their client, was seeking to have a Schedule of Dilapidations prepared of a small retail unit in Balham.  The Lease was due to expire shortly and the tenant had vacated the demise but not undertaken any works to address their dilapidation liabilities in accordance with […]

What is a dilapidations’ survey?

A dilapidations survey is where the condition of a property is assessed to determine a tenant’s reinstatement, redecoration and repairing obligations in accordance with the covenants of their lease. The surveyor would undertake a review of the lease prior to an inspection to assess and understand the extent of the tenant’s liabilities.  Those liabilities are […]

Reinstatement Cost Meaning

It is important to understand the difference between the reinstatement cost of a building as opposed to its market value. The reinstatement cost of a building relates to the sum it should be insured for in the event that a significant issue occurs, such as a fire, whereby the building will need to be reconstructed.  […]

Dilapidations Advice – Surrey

Our Client operated a dental surgery in Surrey and, due to his imminent retirement, the ownership of the dental practice was due to be transferred from him, the Senior Partner of the Practice, to another Partner. The Practice operated from the first floor of a building and the Lease for their demise was in the […]