Birchwood Park occupier Jones Melling appointed to oversee O2 franchise takeover

Congratulations to our occupier Jones Melling, who has been appointed to undertake building surveys and review potential dilapidations liabilities as part of a number of takeovers of nationwide O2 stores.

The chartered surveyors will be responsible for ensuring that stores are in an acceptable condition, prior to a franchisee taking them over from being centrally run by O2. Jones Mellings has so far carried out surveys in cities across the North West, as well as Weymouth, Bishops Stortford and London.

The deterioration of property occurs for a number of reasons, and can lead to disputes about the cause of the dilapidation. Such disputes are often costly, and settlements can contribute largely to the success or failure of an investment. Jones Melling’s involvement ensures no long standing repair and maintenance issues are passed on from O2 to the franchisees.

Gary Melling, joint founder and managing director at Jones Melling, said: “This is a brilliant project. O2 is transferring a large number of its stores to franchisees, giving them the rare opportunity to grow their own businesses under the umbrella of an extremely reputable global brand. As such, it’s really important for franchisees to carry out thorough property inspections to make sure that there are no nasty surprises at lease end.”

Well done to the Jones Melling team.