'Conditional Break Clause' – not too hot for us to handle!
'Conditional Break Clause' – not too hot for us to handle!

Conditional break clauses notoriously come with severe health warnings and are often known for being “too hot to handle” leaving many tenants exposed to remaining on their lease when not correctly complied with.

When our retained client, West House Transport, needed advice to exit their “conditional break” at their Swanley unit they turned to 3SIXTY to deal with matters on their behalf.

The break clause was particularly onerous requiring the tenant to not be in any material breach of lease at the date of the break.  This meant that for the break to be evoked the property needed to be yielded up in repair, alterations removed and decorated in full compliance at the date of the break. 

Our Dilapidations Consultancy acted early in proceedings and prepared an Assessment of the Dilapidations with quotations obtained to undertake the works. However, we managed to enter negotiations and agree a rare financial settlement with the Landlord’s Surveyor in advance of the break date.   This not only enabled a reduced Dilapidations settlement to be achieved but more critically allowed the tenant a clean exit from the lease without the risk of not complying with the particularly onerous break clause.

This particularly tricky deal reinforces why we are known for being Experts in this field with a proven track record of delivering results.  

If you are looking for a Building Consultancy to assist with your own dilapidations matters then please contact Dan Wallis – Associate, on 0117 247 0120 or dwallis@3SIXTYrealestate.co.uk for a free and impartial discussion to find out how we can assist.

3SIXTY Real Estate is a specialist commercial Architecture, Building Surveying & Property Management Consultancy with offices in Bristol, London and Exeter. For further press and marketing enquiries, contact Harriet Murray – hmurray@3SIXTYrealestate.co.uk