“It is obviously a benefit to an incoming occupier…….surely?”
Understanding that the changes a tenant makes during the term can have occupational and financial implications both during the lease and at lease expiry. Not all additions are beneficial to a Landlord, but some could be!
At Inform we act for many Landlords who wish to assess theirTenants planned changes to a property by providing a detailed report commenting on numerous factors including Statutory Applications, and the effects the potential works could have upon the property. We ensure a concise schedule of documents is obtained from the Tenant and appended to a Licence agreement, which assists all parties to understand what is expected to be undertaken to remove or retain elements of the alteration at lease expiry.
We can also assist Tenants in ensuring Landlord consent is obtained and also Contract Administrate the works on site.