Are you a landlord looking to protect your retail investment or a tenant in need of guidance on your legal obligations, we've got you covered.
Contact Our TeamRetail Dilapidations refer to the costs a retail tenant is expected to bear at the end of a commercial lease. These costs are attributed to restoring the retail property to its original state, including repairing damages and reinstating cosmetic alterations. The landlord serves a 'schedule of dilapidations' to their retail tenant, which may be served during the lease if necessary. However, it is not uncommon for disputes to arise due to the unexpected nature of these costs.
A landlord has the right to make a dilapidation claim at any point during the lease, but it is most commonly done towards the end of the lease. The retail landlord is legally allowed to claim up to six years after the lease has ended, but the Dilapidations Protocol recommends that claims be made within 56 days of the lease ending. In some cases, a dilapidation claim may need to be made during the lease if there is a statutory lease renewal, a break clause, or if the property's disrepair is affecting its value.
Retail Landlords have four potential remedies available to them for disrepair issues. The most suitable remedy will depend on the specific circumstances and repairs required. These remedies include: claiming monetary damages to compensate for the disrepair, seeking particular performance from the tenant to carry out the necessary repairs, terminating the lease through forfeiture if it has been breached (as stated in the lease agreement), and entering the premises to carry out repair work during the lease term (if allowed by the lease). Landlords should confidently choose the most appropriate remedy for their situation.
Dilapidation Contractors is here to deliver stress-free retail dilapidation to the highest standards with minimal disruption to your daily operations.
Tailored Solutions
We recognize that every retail space is unique, so we customize every project. Whether opening a new store or revitalizing an existing space, our team will work closely with you to understand your vision, goals, and budget constraints.
Strategic Design
Our experienced designers specialize in creating layouts that maximize visual appeal, traffic flow, and product visibility. From sleek modern designs to classic aesthetics, we will tailor our designs to align with your brand image and customer preferences.
Premium Materials
We source only the finest materials and finishes to guarantee unparalleled durability, longevity, and aesthetic appeal. From flooring to fixtures, every element of your retail fit-out is meticulously selected to elevate your store's overall look and feel.
Efficient Construction
Our skilled tradespeople are experts in retail construction, with a proven track record of delivering high-quality fit-outs on time and within budget. We understand the critical importance of minimizing disruption to your business operations. That's why we prioritize efficiency and professionalism throughout the construction process - whether that means a swift closure and rapid turnaround or a phased fit-out to ensure you can remain open seamlessly.
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