Property Management Basics:

Property management

Commercial Property Management – Is your space ready to let?

To have the best chance of leasing your clients vacant commercial property it is important to get the basics right.

At a minimum prospective tenants require the following :

  1. Copy of the EPC, periodic electrical test reports, asbestos report/management plan, legionella/water testing.
  2. Details of connectivity /utilities i.e. does the property benefit from separately metered electricity, gas, water, fibre, broadband?
  3. Details of the Rateable value and Business rates payable.
  4. Permitted use and planning and listed building consent(s).
  5. Security details such as CCTV, security guarding, intruder alarm, security lighting, security codes, access arrangements.
  6. Heating regime, shared or separate boiler, air conditioning or comfort cooling.
  7. Fire alarm details, testing reports and other fire prevention measures and property management risk assessments.
  8. Accessibility, DDA, parking access and emergency escape arrangements.
  9. Precise extent of the demised premises and full details of the common parts and shared services.
  10. Details of Landlords Insurance and any headlease and associated obligations.