Posts Tagged ‘Asbestos Survey’

Buying commercial property

buying commercial propertyIf you are buying commercial property what should you bear in mind? What are the most important factors to have taken into account before purchasing commercial property in England and Wales?

Caveat emptor (“Buyer beware”)

This principle is fundamental in English Law.   The seller is not obliged to disclose physical defects in a commercial property.  It is for the buyer to employ a surveyor to carry out a buildings survey so that the buyer is aware of any defects in the property such as subsidence, landslip and heave, damp, flooding, poor insulation, structural defects.  The surveyor will also highlight whether alterations appear to have been carried out to the property which might have needed planning permission or building regulation approval.    He will highlight issues which need to be investigated by your solicitor as part of the conveyancing process such as rights of way, asbestos survey, fire risk assessment, energy performance certificates (see below for further detail). Read the rest of this entry »

6 things you should know before doing a commercial property let

commercial property let

6 vital things you should know before you do a Commercial Property Let

Letting commercial property should be simple.  You have a premises.  You contact the letting agent. He puts up the letting board and draws up the Letting Particulars and that’s it job done. However, there are many things you need to know before you can carry out your commercial property let in the UK.

1. Energy Performance Certificates

It is a legal requirement that the landlord produces at his expense an energy performance certificate showing the energy efficiency of the building that is being let.  Commercial EPC’s are much more expensive than residential.  Whereas a residential EPC might cost £45, a commercial EPC could be as much as £300 to £400 depending on the size of the property. It is Trading Standards who enforce the regulations relating to EPCs and fines have been levied for landlords who have not obtained an EPC before letting.   Complaints might be lodged by a disgruntled potential tenant who was outbid by another tenant, for example.  So this really is not something you can ignore when undertaking your commercial property let. Read the rest of this entry »

Dominic Beeton, Solicitor
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