If you are purchasing a commercial property, a building survey will provide a detailed report on the condition of a building, highlighting any defects, outlining the current condition and advising if any maintenance will be required in the future. The report will state what the building is constructed from, whether there are any Listed Building implications or point out if there any future liability issues. We often carry out this service in line with a review of the draft lease to comment on possible liabilities, it can also assist with the possibility of negotiating a better price with the vendor.
If you are leasing a property Commercial leases usually involve dilapidation procedures, whereby a tenant is often liable for repairs to the premises, in this instance a building survey is vital to clarify in detail the condition of the building. Suggestions for remedial works may also be given in the report and we can arrange for a project administrator to oversee the works for you. If you are going to be a tenant, it is vital you understand future repair costs and how the implications of this can affect lease negotiations.