Hounsdown Business Park

Dilapidations Consultancy

Hounsdown Business Park

Client:  DS Smith

Location:  130,000 sq. ft. industrial unit with ancillary offices and substantial external areas used as a recycling facility

Project Type:  Dilapidations Consultancy

Duration:  Instruction spanned over 3 years.

Sector:  Industrial

EXPERTISE:

Acted for the landlord. Prepared initial dilapidations assessments over 12 months prior to expiry to formulate exit strategy. Assisted in any Tenant exit works including detailed validation of services installations. Despite very poor condition and substantial reinstatement, negotiated a settlement of £550,000, representing 30% of original claim.

Senior Partner

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