Grade II dilapidations for Landlord

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.

Project Manager

David JayDirector