The end of the world as we know it?

January 12, 2021

2020 saw life change for us all with unprecedented changes in our personal and working lives. Indeed, months of restrictions in our working conditions and movements has been tough on us all.   

Whilst the Government suggested that landlords should be sympathetic to the plight of their tenants and from our experience as a company those that could, did try their best with rental reductions or other such schemes where their own personal circumstances allowed.  Of course, what about lease expiries – well they continued undeterred by the ongoing pandemic.

It is safe to say that Dilapidations remains a huge part of the Building Consultancy Department’s daily workload – in the last few weeks of 2020 we settled in excess of £750k in claims.  All, oddly enough, for substantial Industrial premises.

One of these claims saw us acting for a long established client who occupies premises throughout Britain.  This particular property being south of the border (which was inspected before lockdown struck) was inherited by our client during a company acquisition.  With their staff being redeployed to their current premises in the nearby city, the lease was allowed to expire.  The premises themselves formed a considerable industrial warehouse with a separate linked single storey office building.  The premises being of an age with significant obligations for repair and maintenance, the landlord opted to tender the works in an effort to prove their loss.  Through various rounds of negotiation, we were still able to negotiate a 20% reduction in the landlords claim.

The remaining 2 instructions, alluded to above, saw us acting for a long established developer client who has developed out an industrial estate in Aberdeen.  Both premises comprised substantial industrial premises with self-contained 2 storey office accommodation, a model which is typical of the Industrial premises offered in Aberdeen but atypical of the offering elsewhere in the country.  The premises had both been let from new with both tenants actually vacating well before the lease end.  With the leases ending in lockdown, this did actually allow us the opportunity to inspect as restrictions in terms of social distancing were not applicable.  We also managed to have a socially distanced meeting with each respective tenant’s surveyor on site and managed to conclude the negotiations swiftly to allow the landlords the ability to commence their works as close to the end of the lease as possible.

So, whilst working from home and maintaining social distancing does bring with it many challenges in our daily working environment, it doesn’t mean that the world stops turning – not by a long way.

For further advice on how our Building Consultancy team can assist you with your commercial property, please don’t hesitate to contact Jim Johnstone E: jim.johnstone@fgburnett.co.uk

FG Burnett FG Burnett @FGBurnett New to the market - Open Plan Suite with Car Parking To Let. For info please contact lisa.cowie@fgburnett.co.uk 012… https://t.co/UJ65iMNInJ 4 days ago
FG Burnett FG Burnett @FGBurnett New to the market - Open Plan Suite with Car Parking To Let. For info please contact lisa.cowie@fgburnett.co.uk 012… https://t.co/Cqy06Cn7yI 5 days ago
FG Burnett FG Burnett @FGBurnett New to the market – Fully Fitted Office Suite with Parking To Let. For info please contact graeme.nisbet@fgburnett.… https://t.co/BMVsMDjw1p 1 week ago
FG Burnett FG Burnett @FGBurnett TO LET - ground floor retail/office unit on a prominent corner location in the West End of Aberdeen. Suitable for v… https://t.co/omooxvU0hB 1 week ago
FG Burnett FG Burnett @FGBurnett The team at FG Burnett wish you all a Merry Christmas and a healthy and prosperous New Year. #christmaswisheshttps://t.co/HpthlwQmU5 4 weeks ago
FG Burnett FG Burnett @FGBurnett City Centre Retail Unit with Prominent Corner Location To Let. For info please contact daniel.mitchell@fgburnett.co… https://t.co/Xe0zEjpADG 4 weeks ago
FG Burnett FG Burnett @FGBurnett Ground Floor Retail Property To Let/May Sell. For further info please contact daniel.mitchell@fgburnett.co.uk 01224… https://t.co/R1okA6DLK6 5 weeks ago
FG Burnett FG Burnett @FGBurnett 3 Storey Office To Let. Available as a whole or separately. For further info please contact graeme.nisbet@fgburnett… https://t.co/Sy5uxXgyeh 6 weeks ago
FG Burnett FG Burnett @FGBurnett Our Building Surveyors braving the snow in East Kilbride. #commercialproperty #scotland #buildingconsultancyhttps://t.co/R8yFVvieYJ 6 weeks ago
FG Burnett FG Burnett @FGBurnett Grade A Office Building with Car Parking To Let. For further info please contact lisa.cowie@fgburnett.co.uk 01224 5… https://t.co/ipqKl16eYB 7 weeks ago
FG Burnett FG Burnett @FGBurnett Rare opportunity to purchase small lot size in Aberdeen City Centre. Reduced price £70,000. For further info please… https://t.co/4bsAik15c8 7 weeks ago
FG Burnett FG Burnett @FGBurnett Modern High Specification Office Pavilion with 20 Car Parking Spaces To Let/For Sale. Reduced price £575,000. For f… https://t.co/uvb3KVjNLo 7 weeks ago