Commerical Building Surveys
Due Diligence surveys of commercial property are typically undertaken when a party is buying, selling or leasing a property.
This type of survey provides a comprehensive assessment of the property condition, statutory non-compliances, services, and environmental considerations.
Buying or leasing commercial property
Prior to purchasing or signing the lease to occupy a premises, it is imperative to have a Due Diligence survey undertaken to understand exactly what you are purchasing.
This reduces statutory and legal risks, financial liability and maintenance obligations under a lease. A thorough inspection of the premises will be undertaken by one of our Building Surveyors where you will be presented with an extensive report allowing you to make a considered and well-informed decision on whether to proceed with the purchase/lease agreement.
The report breaks down the building into internal and external components, providing commentary on the existing condition and recording any disrepair identified and the likely remedial works required.
Selling or letting a property
A Due Diligence Survey should be undertaken prior to the sale or letting of a commercial property to ensure a smooth transaction, where previously highlighted concerns are mitigated.
This gives vendors or landlords the opportunity to undertake any necessary repair or remedial work, improving the condition of the premises. This can lead to increased sale and rental values and will prevent perspective buyers or tenants from raising queries or concerns over the condition of the property.
Identifying any statutory non-compliance prior to the sale or letting of a commercial property presents an opportunity to undertake the necessary action to ensure the building complies with statutory and regulatory requirements and prevent unforeseen legal implications.
Identifying and addressing any queries or concerns with the buyer or tenant ensures transparency throughout the process, increasing confidence and leading to a successful transaction.
