Dilapidations Liability Assessment & Dilapidations Negotiations of an industrial unit in Nottingham – Circa 31,000 Sq. Ft
Dilapidations Liability Assessment & Dilapidations Negotiations of an industrial unit in Nottingham
Circa 31,000 Sq. Ft
Location: East Midlands
Objective:
Review existing lease documentation, inspect, and assess the potential tenant dilapidations liability at the end of the tenants lease agreement.
Outcome:
Understanding the importance of good financial planning and being proactive, AMC were appointed on behalf of our client (tenant) to review existing lease agreement documentation, inspect and assess the potential dilapidations liability that they hold at the property.
Our assessment considered all aspects of the property internally and externally, as well as services and other related obligations which can get overlooked by tenants, such as asbestos regulations and fire prevention system compliance.
This assisted our client in better understanding their position and determine which works they were able to undertake themselves and plan their exit strategy.
We have now been appointed to negotiate on behalf of the tenant for the dilapidations process whilst they vacant the property.
Services provided:
Inspection
Assessment of potential future liability
Exit Strategy Proposals
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