How surveyors can help a small business taking on premises
Taking on premises can be a hugely exciting part in the development of a small business. Business owners will often take the advice of their solicitor and accountant before they sign a lease, but in my experience, not enough take the advice of a Chartered Commercial Property Surveyor.
Early in the process, a surveyor can help a small business looking for premises by using their expertise to identify potential locations that meet the requirements of the business, in terms of size, location, accessibility, and budget.
Once suitable premises have been identified, or a shortlist drawn up, a surveyor can conduct a site survey to assess suitability. This can include checking the condition of the building, the quality of the surrounding infrastructure, and any potential hazards or risks.
If the business decides they want to proceed, the surveyor can then help negotiate favourable lease terms on their behalf, such as rent, lease length, and any additional costs or fees. In addition, a surveyor can help guide the business through energy efficiency measures and any legal or regulatory requirements related to the premises, such as planning and building regulations.
On more complicated premises, it may be necessary for a business to undertake detailed due diligence, and a good surveyor will have a contact book full of professionals that they can recommend the business use. This can include specialists such as planning consultants, engineers, asbestos surveyors, and environmental consultants.
If all goes well, and the business agrees to the lease, and takes occupation of the premises, then a surveyor can provide ongoing support, such as monitoring the condition of the building, arranging repairs or maintenance, advising on rent reviews, and liaising with the landlord or property manager as needed.
Overall, a surveyor can play a valuable role in helping a business find and secure suitable premises that meets their needs, and helps them achieve their business objectives.