Dilapidations and Refurbishments for M7 Real Estate

M7 Real Estate instructed BTG Eddisons' Building Consultancy team ahead of a lease expiry at Unit 8 Acre Road, Reading. The brief covered preparation and negotiation of a dilapidations claim alongside a comprehensive refurbishment and ESG/EPC upgrade, including a transition to electric heating, EV charger installation and solar panel integration.

Mark Pepper prepared a Terminal Schedule of Dilapidations and progressed the claim, while Paul Hazell produced the specification of works and tender documents. The refurbishment replaced the building's external cladding, moved heating and hot water from gas to electric, added EV charging points and a roof-mounted photovoltaic array, and installed LED lighting throughout. Paul explained: "Our client had a very clear ESG framework, and it was important to ensure the works encompassed this." Running the dilapidations process alongside the refurbishment let the team align the claim with the upgrade works and protect the client from inflationary cost pressures.

The dilapidations claim concluded after ten months, and the project reached practical completion within its 16-week programme. Will Mitchell, Asset Manager at M7 Real Estate, said: "We are very pleased with both the dilapidations settlement and the refurbishment work completed by Mark, Paul and the team at BTG Eddisons. They made what could have been a complicated process streamlined and efficient, keeping us updated every step of the way." The property is now well positioned for the industrial market in Reading.