When considering buying, selling or leasing a commercial building you may require the services of surveyor with commercial experience.
If you are thinking of purchasing a commercial building e.g. factory, office, shop, large building, small industrial unit, farm, etc. an experienced commercial surveyor could help you develop a full understanding of what you are taking on. As well as completing a survey on your commercial property, an experienced surveyor could also help you complete your negotiations thus ensuring a good outcome for you.
When negotiating a possible lease it could be useful to talk to a Building Surveyor with experience of negotiations on commercial buildings. Commercial leases can sometimes be straight forward but there may be occasions when they have complex conditions attached to them. Whether you are a landlord or a prospective tenant you should not agree to a lease until you have a good understanding of the issues. A surveyor experienced in commercial matters will help you to feel comfortable that the lease is reasonable and fair to both parties.
Before taking up a lease on a property you would normally commission a Schedule of Condition to be undertaken by a surveyor. This will document the condition of the property at a point in time. It is an important document and one that you would need to refer to it when the lease comes to an end. Depending on the terms of the lease, the tenant may have to pay for work to be carried out to ensure that the property is left in the same condition as it was when the lease started.
A landlord needs to ensure that a tenant looks after a property and keeps it in good repair. To help in this process, a landlord may consider engaging a surveyor to carry out an interim Schedule of Dilapidation midterm of the lease or at an appropriate point in time before the lease ends. This would give the tenant plenty of notice to carry out necessary maintenance rather than waiting until the end of the lease. A full Schedule of Dilapidation can be undertaken at the end of the leads to identify and cost any necessary work required to return the building to an acceptable condition. The tenant may undertake to have the necessary work carried out, or a financial payment may be agreed in lieu. These negotiations can be extremely complex and getting help from a Surveyor with commercial experience may be cost effective.
When renewing an existing lease you may wish to have a Commercial Building Surveyor carry out a Rent Review of the property to get an independent view of a fair price.
You can find surveyors who specialise in Commercial Property local to you on this website. Complete the form above and click ‘Get Estimates’. A list of Surveyors will be produced together with their full contact details. These will all be Surveyors who are experienced in Commercial Property. You will then be able to read more about their experience and qualifications and you will be able to click through to their websites from the same page for even more details.
The majority of Surveyors who provide services for commercial buildings will be Chartered Surveyors and will be Members or Fellows of the Royal Institution of Chartered Surveyors (RICS). They will have the designated letters MRICS or FRICS after their names. It is wise, before appointing a particular surveyor, to ask them to confirm their RICS membership status and membership number. You should also ask them to provide confirmation of their insurance to cover the services that they offer. If you place an order with one of the Surveyors listed on this website you will be dealing with them directly, there is no middle man and no commission is paid to Local Surveyors Direct.
If your building is residential rather than commercial then you should request a set of estimates from Surveyors who specialise in Residential Building Surveys