Posts Tagged ‘Asbestos Survey’
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 »