BAS Property Consultants Limited were delighted to be instructed by their client Ankers & Rawlings Limited in respect of terminal dilapidations matters at their property in Unit 1 Lindbergh Road, Poole. Acquired by their client with an existing 25 year lease, 15 year underlease and several license’s to alter BAS Property Consultants Limited were instructed to inspect the premises prior to lease end and prepare a terminal schedule of dilapidations considering reinstatement of tenants alterations as applicable under RICS protocol. BAS Property Consultants Limited initial assessment of the dilapidation settlement was in the region of £150,000. The landlord had expressed his desire for payment of a settlement in lieu of the works. An early release settlement was negotiated by BAS Property Consultants Limited and agreed with the tenants surveyor providing the tenant the opportunity for slightly early surrender by payment of a full and final settlement of £125,000 Looking for more case studies?Client: Ankers & Rawlings
Location: Poole, Dorset
Contract: Terminal Dilapidations
