CASE STUDY
HSS NATIONWIDE
DILAPIDATIONS STRATEGY
DILAPIDATIONS:
Objectives:
Nationwide portfolio of 280 leasehold branches
Change from reacting to landlord schedules at the end of leases
Deal with unbudgeted expenditure
Outcomes:
Focused on most urgent lease expiries
Prepared assessments delivery proactive mitigation strategies for each property
Risk managed possible interim repair claims from landlords and guided client on maintenance and repair regimes to reduce the risk
Re-focused client towards a proactive approach
Savings Achieved:
c.£850,000 in year 1
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