Business Premises Relocation

There are three elements to all commercial property re-locations. They are:-

All of the above elements are linked and require careful planning and management for a successful relocation. Finding the right property is only one piece of the puzzle.

---

1. Dilapidations Liabilities

As an occupier of commercial premises it is likely that your lease contains a repairing clause linked to the termination of your lease. Dilapidations liabilities can be considerable and it is important to manage your repairing liability accordingly.

There are two methods for settling dilapidations claims:-

• Agreement of a financial settlement post expiry of the lease
• Compliance with repairing liability prior to the expiry of the term

As an occupier, the second option is often the most cost effective. By carrying out the works prior to the end of the lease the landlord cannot include additional costs such as delays to marketing, missed rent and vacant rates liabilities. We can help identify cost mitigation measures at an early stage, easing the process and lowering capital outlay.

Should you require any further information or have any queries then please do not hesitate to contact us.