Commercial Surveys
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Commercial Building Surveys
The Commercial Building Survey is a thorough inspection and report. The report provides detailed comments on each element as far as each can be seen. The report is comprehensive and we include any remedial work required on any major defects identified. Where there is a loft, the loft inspection is carried out from inside the loft where safe access is provided. Fitted floor coverings and wall coverings are not lifted and furniture is not moved. All the windows are tested where permission has been granted to test them and all internal doors are opened. Services are not tested however, comments are made a visual inspection. The report includes photographs of the important aspects described in the report.
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Schedule of Condition
This Schedule of Condition is used with a commercial lease and records the present condition of the property in both textual and pictorial format for later reference at the end of the lease. This is often confused with Schedules of Dilapidation.
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Schedule of Dilapidations
A Schedule of Dilapidations is used at the end of a commercial lease where the condition of the property has already been recorded at the beginning of the lease by a Schedule of Condition. The Schedule of Dilapidations compares the present condition of the property with the condition at the beginning of the property described in a Schedule of Condition and values the costs of the repairs necessary to return the property to the condition it was in at the beginning of the lease. In fully repairing leases, this is often the source of great differences of opinion between a landlord and tenant.
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Reinstatement (Insurance) Valuations
It is important to value the cost of rebuilding a property every five years or when alterations are made or extensions are built, to ensure that the property is insured for the right amount. Under insuring can result in vastly reduced pay-out from an insurance company in the event of a fire or other event requiring whole or partial rebuilding.