Wickes

Yorkshire

PROJECT OVERVIEW

CLIENT
Wickes

LOCATION
Alexandra Retail Park, Grimsby

MARKET SECTOR
Retail

ANDERTON GABLES ROLES
Dilapidations Defence

PROJECT COMMENCEMENT DATE
October 2015

Project Brief

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Anderton Gables role was to review and challenge the Landlords Terminal Schedule of Dilapidations.

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Project Summary

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AG were instructed to review and challenge a circa £550k Landlords Dilapidations Claim. AG identified items of requested reinstatement which were incorrectly claimed by researching historic / lease commencement documents. AG also identified a grey area with regards to external items which could be arguably contributed to be being the landlord’s responsibility under the service charge and challenge this – getting legal opinion.

AG guided the client on obtaining a diminution valuation opinion then a full diminution valuation report. Despite the landlord ultimately could have carried out the works we were able to settle the claim for circa 40% of the original sum claimed.