Dilapidations
Alexander Reece Thomson are well established as one of the leading Practices for providing valuation and strategy advice in large claims to Clients across the UK and Ireland
The preparation and negotiation of Dilapidations claims is not just a Building Surveying matter. Achieving the optimum settlement demands a thorough knowledge of relevant Case Law, an understanding as to how these impacts on the relevant covenants found in leases and a correct understanding of the obligations imposed by Statute. This is coupled with a detailed understanding of valuation methodology.

ART are acknowledged as one of the leading practices in providing advice for Dilapidations specifically on Section 18(1) Valuations and assessments of Diminution in Value, having dealt with major claims for both Landlords and Tenants on a wide range of properties countrywide.

David Shortall sits as the Resident Valuer on the RICS Dilapidations Working Group and is a contributing author to the RICS Isurv website on Dilapidations matters. ART specialise in providing strategic advice to both Landlords and Tenants on how best to pursue or defend Dilapidations claims.

We are also experienced in Alternative Dispute Resolution (ADR), including Mediation, and providing CPR compliant Independent Expert Witness Reports and evidence to the Court in the event of litigation.



Case Studies

Unit A & B, Gildersome Link Industrial Estate, Leeds, LS27

ART were instructed to negotiate two separate claims in dilapidations against Kodak Limited as a consequence of two lease expires. Against the Landlord’s claim, ART successfully negotiated a settlement which generated savings of approx. £470,000 for the client.

 
NCP Terminus House, Harlow, CM20

On behalf of National Car Parks (NCP), ART successfully negotiated a dilapidations claim against NCP from £530,000 down to £0.

  Please see a link to our Guide to Dilapidations below:



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