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12 December 2013
A Message For Peverel Over Dilapidations

About Peverel, would like to warn Peverel that schedules of dilapidations have serious financial implications for commercial tenants, so they should ensure that they fully understand these implications and take steps at the outset of the tenancy to minimise liabilities. What was the figure set aside in the Peverel accvounts for dilapidatons for New Milton? Around £800,000 was it not?

Coming on top of the price fixing scandal and the true amount of repayments that will eventually have to be made that is quite a bit of money for a struggling company to find.

How "unfortunate" that despite the "odd gain" they have lost so many major developments,that they have depended on, for so much of their income.

It must be a source of great frustration that income from Kingsborough has been so reduced.

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