Dilapidations services on behalf of the Landlord
Projex were instructed by FPROP Plc (Landlord) to undertake a terminal dilapidations inspection due to Just Eat (Tenant) serving notice to enact a lease break. Just Eat occupied a full floor plate of an office building in Borehamwood. The required works comprised full strip out of the tenant’s installations and reinstatement of landlord’s M&E provisions back to suit an open plan office.
The tenant decided against undertaking the work themselves and Projex successfully negotiated and agreed a settlement figure prior to the break date.
The total works value was £178,000