PRE-ACQUISITION, LEASE REVIEW & DILAPIDATION ASSESSMENTS

RB worked on behalf of an Institutional Investment Client who needed a head up’ on risks, liabilities and the principal considerations surrounding the retail park prior to their commitment to purchase.

We took out a Pre-Acquisition survey of the retail park which identified issues that would prevent additional short-term expenditure and the clients exposure to risk.

We also identified and provided budget costs for the risks and high-cost items linked with the property, the occupying Tenants, the location, age and construction.

We managed to renegotiate the acquisition and saved the client >£250k.