Where leasehold risk comes from
Risk usually sits in three places: the lease wording, the actual condition of the property and the way the tenant uses and alters the space. Each compounds the other if not managed early.
Repair, reinstatement and yielding up
These are the obligations that drive dilapidations claims. Reviewing them at the start of the lease and tracking them throughout occupation prevents surprises at lease end.
Statutory compliance and ESG
Asbestos, fire safety, electrical safety and minimum energy efficiency standards (MEES) are increasingly material. They affect both occupational risk and end-of-lease cost.
Treating leasehold risk as a portfolio
Multi-site occupiers benefit from a consistent approach across the estate: pre-lease surveys at acquisition, Schedules of Condition at lease start, periodic condition reviews mid-term and a planned dilapidations strategy at exit.