FSS has an experienced team of professionally qualified RICS Registered Valuers & Chartered Surveyors who specialise in conducting surveys and valuations for commercial property. We have a professional commercial property team and all aspects of our commercial property service are dealt with personally by a qualified Chartered Surveyor.
We carry out surveys for purchasers and prospective tenants of commercial property.
We are experienced in valuing commercial property for all purposes including disposal, acquisition, capital taxes, matrimonial, company accounts and loan purposes. We are also panel valuers for many leading Banks and Pension Funds.
We work with commercial landlords and tenants and can carry out Reports on Condition prior to the start of a new lease, and a Schedule of Dilapidations on behalf of the landlord at the end of a commercial lease.
If you are thinking of entering into a lease on a commercial property the tenant is often responsible for all property repair and maintenance:-
Lease terms usually involve the tenant accepting responsibility for the repair and maintenance of the property (this is often known as a full repairing lease) and prospective tenants would be well advised to have an independent report on its condition. Our Report on Condition will provide our opinion of the condition of the property and how this will affect any ingoing tenant's liability to repair under the terms of a proposed lease. Costs start from £500.00 + VAT (£600.00 inc. VAT).
There are two types of dilapidation schedules, interim dilapidations are served during the course of a lease and is often used by the landlord to make the tenant aware that he is not complying with his lease obligations. Terminal dilapidations are served at the termination or end of a lease and will identify any breach of repairing covenants and provide detail and costs for repair. Costs start from £500.00 + VAT (£600.00 inc. VAT).
We are also able to assist a tenant of a property after a Schedule of Dilapidations has been served by the landlord, possibly reducing the tenant's liability.