How a Commercial Building Survey Saved Our Client Time, Money, and Headaches
Price Lilford was commissioned to carry out a comprehensive Building Survey of a retail unit on Preston Street for a charity operator. While the building had potential, our client wanted to ensure they weren’t stepping into unexpected problems that could result in costly repairs or operational headaches.
What We Did
The survey we provided wasn’t just a standard inspection. We carried out a detailed Building Survey, including a Schedule of Condition to be annexed to the lease. This is a critical document in commercial property leasing because it clearly defines the state of the building at the point the lease begins.
Why does this matter? It effectively limits the tenant’s repairing obligations. In other words, our client would only be responsible for repairs that maintained the property in no better condition than it was when they moved in. This simple step protects tenants from inheriting pre-existing defects or being unfairly charged for improvements they didn’t make.
What We Found
Our survey identified numerous defects and faults with the building. Some were structural, which could have resulted in serious future costs and operational disruptions. Others were more mundane but still time-consuming and frustrating to manage, such as faulty fixtures, outdated services, and poorly maintained surfaces.
Had our client gone ahead without a survey, these issues would have caused significant loss of time and expense, potentially impacting their ability to focus on their charitable operations. Commercial buildings, especially older units, often hide these problems beneath the surface, and a thorough survey is the only way to uncover them before committing to a lease.
The Results
Thanks to our intervention:
- The landlord completed over £20,000 worth of repairs ahead of the lease being agreed. This included structural fixes and general maintenance, ensuring the property was safe, functional, and fit for purpose.
- Our client benefited from a three-month rent-free period, giving them additional financial breathing room to plan their operations and fit-out without immediate rental pressure.
- Price Lilford continues to support the client with the fit-out of the space, ensuring their new retail unit is optimised for daily operations and ready to welcome visitors.
All this was achieved for a survey fee of only £1,200—a small investment for such significant savings, protections, and peace of mind.
Why Commercial Building Surveys Matter
This case highlights why commercial building surveys are essential for anyone entering into a lease or purchasing a property. Unlike residential surveys, commercial properties often carry hidden costs and obligations that can escalate quickly if left unchecked.
A professional survey:
- Identifies structural defects, maintenance issues, and potential hazards.
- Protects tenants from being liable for pre-existing issues.
- Supports negotiations with landlords, often resulting in cost savings or incentives like rent-free periods.
- Provides clear documentation for lease agreements, protecting tenants and landlords alike.
Whether you’re a charity, small business, or large commercial operator, investing in a professional building survey can prevent unforeseen expenses, reduce risk, and give you the confidence to move into your new space knowing exactly what you’re taking on.
Conclusion
For our client, the survey wasn’t just an administrative step—it was a strategic decision that saved thousands, protected them legally, and made their move into Preston Street seamless. At Price Lilford, we pride ourselves on providing thorough, clear, and actionable commercial building surveys that help our clients make informed property decisions.
If you’re planning to lease or purchase a property for your business, don’t underestimate the value of a commercial building survey. It could save you money, stress, and a lot of unnecessary headaches—just as it did for our client.
Need our help with a survey? Get in touch today.