Pre-Acquisition & Due Diligence Surveys
TPS team have experience for over 10 years in providing commercially written, concise and diligent Building Services Survey reports. The details extracted from the survey reports allow the risks, as well as the potential of the building services associated with property to be identified. Assessment of the repairing liabilities and associated maintenance requirements allow remedial works and on-going Planned Preventative Maintenance costs to be determined, allowing a valued and quantifiable decision to be made as part of the survey report. Using the TPS strong links with specialists, we provide a comprehensive technical, legal and contractual assessment of the building to enable a purchaser to make valued decisions. TPS can deliver survey reports on large portfolios of property, maintaining the highest levels of diligence and quality but also meeting strict time frames that many of our clients demand. We have experience across all sectors but are particularly experienced in the commercial, industrial and leisure sectors.
Our reports are succinct and written with the end user in mind allowing our client to make an informed and calculated decision on any acquisition. We are able to advise all disciplines mechanical, electrical, public health, lifts and fire engineering, and we can organise pre-acquisition validations in regard to CCTV drainage, acoustics and mechanical services commissioning as necessary, to ensure that the acquisition report is suitably detailed. Should the property being acquired have the suitable information available in regard to the building services installation (operation and maintenance manuals, equipment information, testing and commissioning information, statutory certification) TPS can undertake a design review and provide checks, comments and proposals on how the building services will perform under a required set of criteria.
TPS have provided mechanical, electrical, public health, fire engineering and lift dilapidation’s services to building surveyors throughout the UK acting on behalf of both landlord and tenant.
TPS have significant experience in the following situations:
- Dilapidations claims at the end of a lease term.
- Dilapidations claims / assessments during a lease term.
- Entry to repair (assessments of repairing obligations).
- Break clause assessment.
- Dilapidations claims for tenants against landlords.
A summary of the recent dilapidations projects undertaken by TPS are detailed below. TPS have significant experience within this field and have undertaken dilapidations duties in the commercial, industrial, retail and leisure sectors. Typically a detailed assessment stage is undertaken along with a detailed supporting schedule and photographic evidence. TPS have acted on behalf of clients through negotiations with landlords/tenants along with lawyers and barristers, and have we have a proven track record including dilapidation claims to adjudication should a dispute arise or a dispute become litigious.
TPS are proud of the consistently high quality of our service, meeting a range of requirements for both landlord and tenant. Using our in-depth knowledge and considerable experience the key to a successful dilapidations case is identifying the right negotiating strategy and realising the best possible outcome for our customers. TPS offer best practice advice and support a wide variety of organisations including, estate management companies, major financial institutions, service providers, retailers and leisure operators. TPS offer a comprehensive service over the last ten years we have developed and secured a number of dilapidation frame-work agreements with key clients. TPS provide dilapidations management on a portfolio basis and we are confident that our stringent approach, policies and practical advice will add significant value to your decision making process.