NG expertise sparks savings for growing electronics firm - Case Study

The benefit of specialised advice.

When a growing electronics firm relocated to their new offices at Castle Marina, they instructed Richard Brown of NG Chartered Surveyors to advise in respect of dilapidations at their former offices at Abbeyfield Road, Lenton.

The building, which Ramtech Electronics Ltd had as offices and workshop, was initially assessed for dilapidations by Richard Brown, and was later confirmed by a landlord’s Schedule of Dilapidations.

As Ramtech had time before lease end, Richard recommended they carry out the works, which primarily comprised stripping out of tenant’s fixtures and fittings, minor repairs, re-carpeting and redecorations.

Using Ramtech’s own contractor, the works were carried out on time and on budget and showing a substantial saving on the landlord’s proposed costs.

The landlord’s original claim of £105,000 for works and fees was slashed to an eventual cost to Ramtech of £31,000, saving £74,000, a reduction of 70%.

Andy Hicks, Managing Director of Ramtech, said:

“We were delighted with the outcome of Richard’s work. We had plenty to think about when we were relocating the company to new premises and it was a massive help to have this aspect of the move professionally handled by an expert. The financial outcome was obviously very welcome but more importantly we were able to concentrate on running our business while Richard handled all aspects of the dilapidation claim, management of contractors and smooth handover of the building to the landlords.”

Richard Brown of NG said:

“Yet again it proves the benefit of specialised advice to the client, who in turn is prepared to conclude the dilapidations claim in a way which they maintain control over cost and time, resulting in significant savings. The contractor also learnt that CIF kitchen cleaner is far more effective at removing marks from plastic skirtings than any proprietary commercial cleaner.”