The following article explains why getting a commercial building survey is so important prior to purchase or lease of a property.
Deciding to lease or purchase your own premises is a major step for any business. With the cost of agents and solicitors it can be tempting to cut corners and not undertake a building survey. However, instructing Thames Valley Surveying to inspect the premises could be money well spent and save you unexpected costs in the future.
All buildings require expenditure to keep them in good repair and at a standard that meets your business needs. A survey will identify the existing defects and also the likely longer term issues with the property.
Our Surveys will cover: -
Advising on building defects is the core content of a building survey report. It will cover all the elements of the building fabric and identify any defects. The surveyor will also provide a budget cost for required remedial works. We often uncover unexpected defects that can cost thousands to put right. Knowing this information before you purchase or lease a property helps to plan the expenditure and can also help you negotiate the purchase price or rent.
We recently assisted a Tenant who was about to take a 10 year lease on a large warehouse in East London. The asbestos roof was at the end of its life and through negotiation with the Landlord this roof was replaced prior to the Tenants occupation. Before signing up to full repairing leases you should be fully advised on the likely future costs.
Occupying property requires compliance with a wide range of statutory obligations. Our survey will help to identify key areas that may require further investigation. In particular we are experienced fire risk assessors and will identify areas of non-compliance.
Our survey reports will identify any issues with the building that may restrict your occupation. We will also advise on long term issues such as future maintenance costs and likely energy usage.