Case Study

Diocese turns risk into revenue

Diocese turns risk into revenue

Background Our client, a large East London/Essex Diocese, came to DEX in 2015 with an empty school, situated in the heart of a residential area in Maldon, Essex. The diocese had moved pupils from the school to a more modern building and planned to eventually dispose of the Victorian school and turn it into 8 residential units. The diocese? s current security measures were weekly visits from a local school caretaker. But while the property was going through planning there was concern of forced entry and general vandalism of the premises. It was decided that Property Guardians could further protect the property from vacant risks and dilapidation, ensuring the site remained in meaningful use whilst giving the diocese flexibility in providing notice for vacant possession. Act ivit

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