A building can be a costly responsibility and you should know its condition and potential drawbacks before purchase or agreeing to lease. A survey report will give the information that you need and can be used as a basis for negotiation with the vendor or landlord.
Commercial property surveys need to be tailored to the client’s requirements to take account of the proposed use and commercial needs. Reports can be prepared for pre-purchase, condition and disposal uses.
Clients might be purchasing the freehold of a property either for occupation or investment, taking over an existing lease or negotiating a new lease. It is important for the client to be aware of any deficiencies in the building and how these affect future use and any liabilities they might have at the end of the lease.
As part of Carter Fielding’s service, we:
Failure to maintain buildings often has significant consequences on condition and performance resulting in expensive and disruptive emergency maintenance. We have strong technical knowledge of building construction, component failures and appropriate repair techniques. Our inspections diagnose defects, specify repairs and give maintenance advice on which cost effective decisions can be made.
A schedule of condition is a useful commentary on the state of a commercial property at the commencement of the lease. The schedule of condition describes the elements of the building and any defects that are apparent. A photographic record can also be provided in conjunction with the written report.
A schedule of condition can be referred to at the termination of the lease to help establish liabilities for repair and hopefully reduce the risk of litigation.