"A tight program completed to my client's entire satisfaction."

- Will Stewart, Stephens Macquire

Dilapidations

"Dilapidations are breaches of covenant to repair a building contained in a lease. Such breaches can take many forms, but a leaking roof or a broken window are two obvious examples. Dilapidations are often wrongly considered by tenants as insignificant in comparison with rent, rates and service charges when they are seeking new premises. However, the liability to repair can have serious financial implications and therefore the tenant must seek advice of a Chartered Surveyor on opportunities to avoid, limit or mitigate dilapidations before entering into a lease, or when a schedule of dilapidations has been served upon him."

When a tenant vacates a lease for a commercial premises they are often required to ‘put back’ the interior to its original state.
RAP can offer a first class service for office, warehouse, commercial dilapidations.

Our preferred partners of Quantity Surveyors and Building Consultants operate to RAP’s high standards.
The first stage of a dilapidation exercise will be liaising with the landlord direct or via their appointed Commercial Agents.
We ensure a detailed survey is carried out of the commercial premises room by room.

Whether acting for the landlords or tenants we have experienced and trusted partnerships who are able to advise the parties involved at the crucial stages of entering into the lease and towards the closing stages as a terminal schedule of dilapidations should be anticipated.

Dilapidations Room by room
A database is created with entries for every room that records the condition of the following elements:-

  • Floor
  • Walls
  • Ceiling
  • Doors/Frames
  • Windows
  • Light Fittings
  • Radiator
  • Electrics
  • IT/Comms
  • Wall Fans
  • Grilles/Diffusers
  • Plant

"Astute investors should be planning their recovery strategy now, looking to allocate their assets sensibly and safely in the meantime while looking to take advantage of opportunities in the bounce back when it comes Buy now and be forced to sell in 6 months and your risks are very high, but sell in 10 years and your risks are reduced to virtually zero, with the prospect of very good growth."



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