Victoria Quays, Sheffield
Instructions were received from an office Tenant to negotiate a dilapidations claim on their former premises.
The Landlord had served a Claim totalling £359,395
Our Consultant Building Surveyor’s response was £245,000
Our Diminution Valuation was at £125,000, reflecting:
a) Carpets – not demised, so, therefore, liability to remove only
b) The property was not a Grade A building, therefore, the level of works required would reflect this
For example, the strict requirement to repaint the former mill wheels would likely add nothing to the value.
Utilising this enabled us to reach a full and final settlement of £140,000.
How We Can Help You
Dilapsolutions
Chartered Surveyors
We are the only dilapidations consultancy in the UK & Ireland that provides both Chartered Building and Valuation Surveyors, ensuring the best results for our clients.