Commercial Property Services

Providing fully independent commercial property management services since 1962, the team at Martin Slowe Property Services combine their wealth of experience and traditional values to advise both individual clients and organisations.

We provide a comprehensive full management service for all properties we manage on your behalf. We’ll take care of every aspect of property management for you, from sourcing a property to invest in, overseeing day to day maintenance and upkeep, all financial requirements, sourcing tenants and advising you on selling the property if you wish.

We’ll work with you to build, manage and maximise your commercial property portfolio, delivering the best service for every property.

Our comprehensive commercial property management services include:

Commercial Property Auction Sales and Purchases

As part of our comprehensive property management service, we can assist you through the complete process of buying or selling a commercial property at auction.

We can:

• Advise you on the condition and suitability of a potential property purchase
• Evaluate the price against the current market value
• Present any Special Conditions of Sale, such as the property deposit, title, transfer and anticipated completion date, plus any insurance requirements

We can bid at the property auction on your behalf, either in person or via phone with a guarantee of not exceeding your budget.
We’ll guide you through the property purchase or sale, ensuring the process is swift and trouble-free.

Commercial Property Insurance Cover

It’s vital to ensure every commercial property in your portfolio is adequately insured, with the correct level of cover against fire, flood, theft or damage.
As part of our comprehensive commercial property management service, we can arrange bespoke commercial insurance cover from UK-based insurers at an affordable price.

We’ll advise you on the correct level of insurance for each of your properties, with key cover including:

• Commercial buildings insurance cover – to cover the structure of the property in the event of theft, damage, vandalism, a fire, flood or storm
• Terrorism cover – to cover the property in the event of a terrorist attack or an act of war
• Loss of rent cover – to cover the property in the event of loss or damage to the property as a result of fire or flood, which would prevent the tenant from occupying the property

We will also handle any insurance claim and required repairs on your behalf.

Commercial Property Valuation Services

You will need an up to date property valuation if you are:

• Selling your property
• Considering the viability of a development or renovation project
• Seeking a buildings insurance quote
• Renewing a commercial lease
• Extending a tenancy

Using our market led valuation approach, we can provide an accurate, up to date market valuation for any commercial property in your portfolio.

Our comprehensive property valuations encompass:

• The condition of the property
• The size of the property
• The location of the property
• The expected impact of the current economic conditions on the property value
• Demand and comparables
• Any existing covenant strength of tenant

Our independent commercial property valuations team are regulated by The Royal Institution of Chartered Surveyors (RICS), in accordance with ‘The Red Book’ – the RICS Appraisal and Valuation Manual.

Commercial Landlord and Tenant Services

The relationship between commercial landlords and tenants can be complex, so we can provide expert advice you on all aspects and obligations including:

• Rent reviews – we can advise both landlords and tenants on rent reviews and the terms of an individual lease
• Lease renewal services – we can advise on negotiating and agreeing new lease terms, provide commercial rental advice and advise on the requirements and obligations of the Landlord and Tenant Act 1954
• Lease surrenders – we can advise both tenants and landlords on lease surrenders -an agreement between the landlord and tenant to cancel the commercial lease prior to the expiration date. Lease surrenders are also known as ‘surrender and acceptance agreements’ and ‘lease termination agreements’
• Lease assignments – if a tenant wishes to end their lease early and they can find another prospective tenant to take over the lease, the lease can be assigned to the new tenant. As the landlord, you have the right to refuse the lease assignment request

As part of our comprehensive commercial property management service, we can also provide expert witness referrals in mediation cases and lease renewal proceedings.

Commercial Property Investments and Sales

If you are planning to invest in commercial property, sell a property or advertise a commercial property for rent, we can advise and assist you.

We have extensive experience in all aspects of commercial property sales, lettings and acquisitions.

If you wish to invest in a commercial property, we can advise on:

• The suitability of a property
• The location of the property
• The price of the property

We can also assist with any necessary surveys and insurance requirements.

If you’re purchasing a commercial property to let to tenants, we can advise you on the associated obligations and guidelines of the landlord/tenant relationship, in accordance with the Landlord and Tenant Act 1954.

If you wish to sell a commercial property, we can:

• Determine the value of the property
• Market the property on your behalf
• Handle the funds of the sale

Commercial Property Surveying

Available for all types of commercial property – whether a new build, renovation or acquisition – our commercial property surveying service is available as part of our comprehensive property management service.

Our comprehensive property surveying service incorporates:

• Measured surveys – floor plans, elevations and scaled plans displaying all structural elements and features of the property
• Design and specification – either full project or covering certain aspects
• Defect investigation – determining and advising on issues such as damp and structural issues
• Buildings insurance valuations
• Project monitoring – ensuring the property meets all compliance regulations, budgets and build quality
• Schedules of condition – prepared ahead of the completion of a commercial lease to record the condition of the property at the start of the tenancy
• Schedules of dilapidation – identifying any breaches of covenant such as disrepair and compliance issues towards the end of a commercial lease
• Feasibility studies for future projects – determining location, type of property and expected rental yield from tenants

Commercial Property Management Services

As part of our comprehensive commercial property management service, we can oversee your property on your behalf, enabling you to achieve the maximum potential from your investment.

After an initial assessment of your property, we will create a maintenance programme with an associated budget.

Our commercial property management service includes:

• Ensuring the terms of the lease are being met
• Paying any outgoings such as utility bills, ground rent and service charges
• Managing client funds held on account, making payments as required
• Overseeing all maintenance services including cleaning, gardening and repairs
• Collecting rent from tenants in accordance with the terms of the lease
• Inspecting the property at specified intervals
• Arranging health and safety assessments including fire risk and asbestos checks
• Arranging the provision of electrical safety certificates and EPCs
• Ensuring all current property legislation is adhered to
• Dealing with tenant queries
• Dealing with land registry queries
• Sending quarterly statements

To discuss how our specialist team can help you to maximise the potential of your commercial property portfolio, get in touch and we will be happy to advise you.