Case Study
Our strategic approach to Terminal Dilapidations allowed TK Maxx to exit the lease
Case Study: Distribution Centres TK Maxx, Currys/PC World, Toolstation TK Maxx Rochdale Our strategic approach to Terminal Dilapidations allowed TK Maxx to exit the lease on this 100k sq ft distribution centre for around a 1/3 rd of the cost of the LLs £1.1m claim. The LL made it clear they were not interested in a cash deal unless it was over £1m; hence combining Building Surveying and Valuation expertise, the scope of works was reduced and the works implemented on site. This instruction lead to a national retained role on all Building Surveying services for TK Maxx and they commented “Working on TJX Europe’s behalf, Bradley Mason have achieved very advantageous dilapidations settlements for each of our recent TK Maxx store and DC closures. Not only wer