Make-good is agreed without anyone pricing what it will require
Make-good sits at the back of a long document and costs nothing on the day it is signed. Racking, mezzanines, cool rooms, cabling, signage and hardstand modifications are then added over the term as the operation needs them.
Make-good is the obligation to return the premises to a defined condition at the end of the lease. In a warehouse that can mean removing all of the above and repairing or repainting the structure. It is often the single largest unbudgeted cost of exiting a tenancy.
We negotiate the standard down where the landlord will move and, at minimum, make sure you know the exposure before signing. We do not estimate what a particular make-good will cost; that is a matter for a builder or a quantity surveyor.
