Blogs
Is it necessary to commission a detailed commercial building survey report when taking over an existing lease?
Thursday 21st November 2024
Carl O'Boyle BSc MRICS FCIOB MFPWS
Is it necessary to commission a detailed commercial building survey report when taking over an existing lease?
When taking over an existing lease for a commercial property, commissioning a detailed survey is often essential. A Schedule of Condition or Dilapidations Survey is typically required to establish the property's existing condition and ensure you are not held responsible for any pre-existing defects, especially under a Full Repairing Lease. These surveys are vital for protecting you from unexpected liabilities and providing clarity on the scope of any maintenance or repairs that may arise during the lease period.
At Tayross Associates, we specialise in providing comprehensive Schedules of Condition, Dilapidation Surveys, and Detailed Commercial Building Surveys across England. If you're considering leasing a property, we can quickly supply you with a sample survey and a cost estimate for your required survey services, ensuring you are well-prepared before committing to a lease agreement.
Case Study: Protecting Your Investment with a Commercial Building Survey
In a recent case study based in Camden Town, our client was preparing to enter into a 10-year commercial lease. While a Dilapidation Survey wasn’t necessary in this instance, the client requested a more in-depth Commercial Building Survey Report. This report was crucial for assessing the current condition of the property and identifying any potential issues that could lead to unexpected costs. Our survey focused on concerns such as the roof condition, asbestos, damp, and other structural or health risks that could become significant issues.
Our detailed survey highlighted several important factors that needed clarification before finalising the lease. One key concern was with the newly installed Delta Membrane System, which we found to have certain weaknesses that required further discussion with the landlord. Additionally, we discovered that the property did not meet current safety standards, particularly regarding fire safety.
Our recommendations included the installation of a mains-operated, interlinked heat detector system with a battery backup, which would be connected to smoke detectors in the front shop, rear rooms, kitchen, and basement. We also advised that a fire blanket be placed in the kitchen, along with wet and dry powder extinguishers on the ground floor. These safety measures should be supplied by the landlord and regularly serviced to ensure compliance with current regulations.
Why You Shouldn't Skip a Survey
Opting not to commission a detailed survey can expose you to significant financial risks. Landlords, particularly those with freehold properties, can be aggressive when it comes to lease repairs. Without a comprehensive understanding of the property’s condition, you could find yourself responsible for costly repairs or maintenance that were not initially anticipated, such as structural or safety-related issues.
A thorough survey helps safeguard your business and ensures that you are not caught off guard by costly repairs or disputes regarding the property’s condition once the lease is in place.
Why choose Tayross Associates?
Tayross Associates offers expert services tailored to your specific needs, whether it’s a Schedule of Condition, Dilapidation Survey, or Detailed Commercial Building Survey.
For more information or to receive a sample survey and personalised quote, please contact us. Our team is here to guide you through the complexities of commercial property leasing, ensuring your interests are always protected.
Contact Us
For a Schedule of Dilapidations, Schedule of Condition, or Detailed Commercial Building Survey in London or the surrounding areas, call us on 0208 426 1448.
