03 Apr 2014 Back

Dilapidations

Is your commercial lease is about to end? 


This is a crucial time for landlords and tenants because it usually leads to a negotiation over the dilapidations. Starting with the basics what is dilapidations?

Definition of Dilapidations - "the state or process of falling into decay or being in disrepair."

http://www.victorharris.co.uk/Victor-Harris-Dilapidations

What is the best way to deal with your Dilapidations? 

Firstly speak to Victor Harris who will review your lease and then create a report with professional advice. Following our recommendations you will move the negotiation successfully within the timeframes.  

Interesting information...

Did you know - if you leave the negotiations until after the lease has expired, even if it is by a day, you will be responsible for lost rent. This is the rent that is being missed while the landlord has to agree a settlement before finding a new tenant.




For further information regarding dilapidations contact Victor Harris on 020 7183 8458 or e-mail info@victorharris.co.uk


 





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