Details
Location
Bloomsbury, London
Services Used
- Dilapidations
The Challenge
Our client needed assistance in obtaining a financial settlement for internal and external works liabilities with the tenant following 25 years of occupation.
The Solution
CS2’s Bristol office was appointed by the Landlord, a prominent London estates company, to prepare a Terminal Schedule of Dilapidations for service upon the Tenant following 25 years of occupation. The property had been much altered during the Tenant’s occupation, including inappropriate repairs to ornate fireplaces, cornicing and plasterwork and the introduction of air conditioning without a formal licence.
The property had received minimal maintenance attention in the final years of the lease term, with many areas not having been decorated since lease commencement.
CS2 was instructed initially to prepare the Schedule of Dilapidations, followed by negotiation of a financial settlement with the Tenant; this followed recognised procedural protocol, together with application of case law and statutory provisions in determining the Landlord’s common law loss.