Case Study: Building Surveys
When considering either purchasing or leasing a property, a detailed understanding of the current condition and any future maintenance and repairing liabilities is essential.
Pre-Acquisition, Building Condition Surveys
When considering purchasing a property, undertaking a pre-acquisition building condition survey at an early stage will assist a client/investor to make an informed decision. A pre-acquisition survey may bring to light major defects, which could make the purchase uneconomically viable from an investment point of view or which could also have an adverse effect on the overall value of the property.
Acting for blue-chip companies, pension funds, private investors/individuals, national and regional retailers, over the last 12 months Roger Hannah & Co have been instructed on a number of high profile acquisition surveys on properties ranging from single stand-alone properties to multi-tenanted estates.
Building Condition Surveys
When considering leasing a property it is equally as important to have an understanding of the properties current condition and any future maintenance and repairing liabilities you may be taking on, when signing a lease.
Over the last 12 months, Roger Hannah & Co have been instructed on a number high profile building condition surveys for individuals, blue-chip companies, national and regional retailers, etc. By commissioning us to undertake a condition survey, prior to committing to a lease our clients were able to make an informed decision and in some instances, were able to:
Negotiate lower rents;
Ensure remedial works were implemented, prior to exchanging contracts;
Reduce their future repairing obligations, by way of a schedule of condition.
Roger Hannah & Co
Here at Roger Hannah, we recognise that people and different institutions have different needs. As such, our dedicated Building Surveying team is able to adapt and tailor our services to meet your specific requirements.
In addition, we can also provide additional services such as Measured Surveys, Schedules of Condition, Reinstatement Costs Assessments (RCAs), which can be carried out at the same time or as specific, stand-alone instructions.
Meet the fully dedicated Building Surveying Team here: