Conversion of three floors to residential accommodation and refurbishment of two floors of commercial space
JCT Intermediate Contract 2011 with contractor’s design
Type Of Property:
Mid-terrace property over five floors, previously fully used as commercial space
Overview: Convert top three floors to high-specification, luxury residential accommodation; refurbish ground and basement floors to provide lettable commercial space; and refurbish / replace external fabric. The main challenges faced involved dealing with the constraints of an approx. 200 year old property and the level of work needed to it, whilst also meeting the requirements of the building’s Listed status. From a QS perspective, the challenges involved managing the costs on a scope of work which was not fully clear from the information issued by the Architect, as well as the subsequent number of changes made to the scope of work once works commenced on site – this was largely a result of intrusive investigation not being possible at design or tender stage, due to the Listed status and other technical complications.
Cube were appointed as Quantity Surveyors, undertaking valuations, reviewing costs of variations and liaising with the Architect as Contract Administrator as necessary to assist in the delivery of the project, including reporting to all parties on costs throughout the life of the project. The works completed on site at the beginning of February 2017. Although the budget had risen, the main reason for this was the addition of improvements to the fenestration which were a particularly costly item, but very beneficial for the residential units and useful in achieving maximum value on sale.