High Street, Banbury, Oxfordshire

Lease end dilapidations




Asset Management Company



Project Description

We were appointed by the landlord to prepare a terminal schedule of dilapidations for a retail unit arranged over basement, ground and first to second floor levels with a full repairing and insuring lease.

Our scope of service included the following:

  • Review of all relevant leases, licences and other property documentation.
  • Inspection of the building and preparation of a schedule of dilapidations for service upon the tenant prior to the lease expiry.
  • Following lease expiry we obtained competitive tenders for the works and negotiated a financial settlement for the loss suffered as a result of the tenant failing to yield up in accordance with the lease terms.
  • As part of the negotiation we obtained a diminution valuation in order to demonstrate our client’s loss.

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To find out more about the services we provide, get in touch on 020 3735 8800 or info@palmerglew.com