Kings Place

Dilapidations

Value: Undisclosed

Location: London

Project Type: Dilapidations assessment and negotiations on behalf of the Tenant of a west end property of circa 30,000 sq ft

Duration: n/a

Sector: Office

Expertise

There were significant changes through the lease history including assignments and sub lettings along with existing Tenants wishing to remain where sublet. Through careful negotiation and gaining a full understanding of the letting position and future Tenants requirements, we crafted an exit strategy which minimised exit costs, but also helped the landlord secure a future Tenant. Considering all commercial angles is very important in dilapidations claims. Helping to facilitate future lettings and achieving landlord aspirations (even as a Tenant) will often result in lower exit costs for Tenants. Beware of a belligerent and aggressive stance in dilapidations negotiations as they do not necessarily achieve the best outcome, although can be adopted where required as one of many strategies to consider. 

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HartDixon is known for acting as a credible and excellent project lead. We will manage the team, administer the works both practically and financially to completion.

Huw joined HartDixon in 2013. With over 25 years experience in all building surveying activities, he specialises in professional services, in particular dilapidations consultancy, project monitoring and due diligence, working for both public and private sectors. Before joining , Huw led the national dilapidations team within GVA Grimley (now Avison Young) and Lambert Smith Hampton before that, working throughout the UK and Europe.