Acquisition Surveys (Freehold or Leasehold)
We have a wide range of experience in providing advice for all types of commercial property having previously advised on property portfolios both in the Channel Islands and the UK.
If you are intending to purchase a commercial property, whether it be offices, shops, a garage, a pub, club or nightclub, a hotel, restaurant, industrial units or any other type of commercial premises, then you would be strongly advised to have a Freehold Acquisition Building Survey undertaken prior to any commitment to purchase.
A Building Survey will give detailed advice on the structural integrity of the property along with the condition of the entire building and services and will identify any defects or issues with the property.
We know that situations for any purchase of commercial property are different from one another. As such we provide a bespoke "Principal Considerations Report" which is popular with our clients. We can create a report which can cater for your requirements, whether the acquisition is for investment purposes, occupier purposes or even development purposes. Our process will be to engage with you at the commencement of your instruction to ensure that all your queries are addressed.
If you are about to lease a commercial property from a landlord we recommend that you seek advice which enables you to make an informed decision before committing to a leasehold contract. Our experience has been that where leasehold contracts have been entered into without advice sought has often curtailed in nasty surprised for tenants with extra unplanned financial outlay required. Given that the cost of providing premises for commercial purposes will often equate to one of your most significant outlays, we have found that our bespoke reports provide value for money by providing advice to key areas which typically are not fully considered when considering leasehold acquisitions. These can range to dilapidation liabilities, service charge liabilities and health and safety issues such as asbestos.