99% dilapidations saving on industrial property

Propitas were instructed by an occupier of an 18,000 sq ft industrial unit to advise upon an exit strategy approaching lease end. The Landlord’s terminal dilapidations claim amounted to £182,000, however, following negotiations with their surveyors, we achieved a financial settlement of just £1,600 without undertaking any additional works to the property. A thorough review of the lease documents and a strong negotiating strategy were key to achieving this impressive settlement.

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