Commercial Building Surveys
Acting on behalf of a wide range of Investor, Landlord and Tenant clients, we provide a tailored due diligence building survey service, offering succinct, detailed survey reports, across all property sectors and building types.
We undertake pre-acquisition building surveys for freehold and leasehold purchases. We also produce Vendor surveys in connection with sales, and for bank/lending re-financing purposes. We have extensive experience in coordinating and undertaking large portfolio instructions.
Our reports are easy to read and written in plain English, providing clear, concise commercial advice. Executive summaries at the head of our reports provide a snapshot of the main pertinent issues, with traffic light ratings allowing findings to be placed into context.
If you are the current owner of a commercial property or are proposing to purchase or enter into a lease and need advice in respect of the condition of a commercial building; please do contact us for a quotation on 0121 2212246, via email email@example.com or completed the contact form
The reports identify problems and solutions, with large quality photographs documented within the report, clearly explaining each issue. Major anticipated repair costs are identified and categorised to state where responsibility lies.
In addition to highlighting building defects, we provide summary comment on statutory compliance issues, environmental issues and deleterious materials, and state where specific key legal enquiries or further investigations are required.
When acting for Investors, we always assess ‘added value’ angles, for example analysing opportunities for increasing floor space. Tenants often have additional requirements to defect analysis; how they will occupy the space, access and use buildings. Our focus is always on the bigger picture an your business interests.
We can co-ordinate and manage your entire due diligence process, recommending and advising on the appointment of specialist reporting, and capturing their findings within our report. We aim to provide a ‘one stop shop’ service. We always aim to inspect a premises within 48 hours of instruction, and report within 5-7 working days. Specific timescales will be agreed depending on scale of works required.
Our reports will provide advice regarding the nature of construction, the current condition and highlight defects with a diagnostic assessment with recommendations for repairs needed, likely future maintenance issues and, if necessary, further investigation that may be needed.
By choosing R.TAG Building Consultancy Ltd, you can benefit from our vast experience. As a purchaser, we ensure that we have identified all issues that should be considered when agreeing a purchase price. As a Tenant, your potential liabilities will be clearly identified, with practical guidance given on how best to protect your interests. A Commercial Building Survey will enable you to understand the building and potential commitment allowing you to negotiate a purchase or the terms of a lease accordingly. In respect of a lease, it will help you to consider the terms offered and to negotiate on one or more of the following:
• Request that elements of repair and maintenance be specifically excluded from your lease obligations;
• Request that certain repairs be undertaken by the landlord before the lease is agreed;
• To accept liability for works, but to request a rent-free period to offset the costs that may be involved.
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When taking instructions for a Commercial Building Survey, we would first discuss and review your particular circumstances and requirements.
So you can establish the level of advice required and whether this is in the context of an existing ownership, the purchase is of a freehold, the purchase a freehold with tenant insitu, a new lease or an assignment of a lease. And, to also understand your proposals for the property.
Where a lease is involved, we would ideally wish to see the document to understand the extent of the property to be demised, the extent to which the client will have a direct liability and the extent to which there may be an indirect liability through service charges.
Some restrictions may exist to prevent complete inspection (such as fitted floor coverings, limited roof access etc.), but within these limitations, the survey will be completed.
Ahead of organising an inspection we will also review as best possible whether there may be any particular access issues, such as the property being occupied or the need for access equipment to inspect high level roofs.
If you are planning to extend or alter the property once the deal goes through, you may also want us to include preliminary advice or feasibility reports.
The content and format of the report can then be tailored to your requirements and a quotation provided accordingly.
When leasing, as an alternative to or in addition to a Commercial Building Survey, you may wish to consider commissioning a Commercial Schedule of Condition
If advice is required about a specific issue, for example a roofing or wall defect issue, then a more limited scope but equivalently detailed inspection and assessment can be carried out in the format of a Specific Defects Survey.
By choosing R.TAG Building Consultancy Ltd, you can benefit from our vast experience. As a purchaser, we ensure that we have identified all issues that should be considered when agreeing a purchase price. As a Tenant, your potential liabilities will be clearly identified, with practical guidance given on how best to protect your interests
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