Dilapidations advice crucial

Dilapidations advice crucial

I read the letter by Anthony Lorenz (Feedback, 18.03.16) with interest.

While rent is the largest ongoing cost for a tenant, which start-ups may struggle to pay, once they have made that leap and need to move on to the next level - offices with greater floor space - they are then hit on the way out with dilapidations claims.

We are still achieving average savings for tenants in the region of 75% of the original claim. This tells us that landlords are preventing expansion not just in the rents they charge but on dilapidations as well; fortunately well-advised tenants can avoid having to pay such excessive costs.

Paul Lande, CEO, Dilaps UK

Link on PropertyWeek.com