Dilapidation Liability Assessments
National
AG were appointed to undertake dilapidation liability assessment (DLA) of 61 industrial units across the UK. We were provided with a list of properties for DLA, range from c.1,000 sq. ft – c.50,000 sq. ft. These largely comprised industrial units with ancillary accommodation.
LOCATION
National
MARKET SECTOR
Industrial
AG ROLES
+ Dilapidations
PROJECT DURATION
Four weeks
TOTAL AREA OF INSPECTION
Over 1 million sq ft
We reviewed all leases, undertook site inspections, compiled an Excel DLA with a potential liability figure and an estimated settlement figure alongside a covering report which provides a general summary of the properties and the potential dilapidations liability.
The recommended figures were based on our experience from previous tendered works and a detailed database from historic dilapidation settlements.
From this assessment, we were able to provide our client with a comprehensive breakdown, recommendations to help limit long term liability as well as exit strategy options.
DLA is part of the scope of services we provide to the client, along with dilapidations negotiations, project management, contract administrations, design and specification.