Prior to the acquisition of a property or lease, it is vital that a Building Survey informs your decision making process. A Pre-acquisition Survey is a detailed technical report on the building or leased demise to assess risks that may have an impact on investment value or its suitability for your intended use.
Building Surveys are integral to any commercial property transaction as they assess the technical risks for either investors or occupiers. Building Surveys are a core service for Knight Franks national Building Surveying Department.
A Building Survey Report is normally prepared for a prospective purchaser or tenant of a property asset or portfolio. However, they can also be prepared for a building vendor to assist in the sale process. Either way, we tailor our reports to meet your specific needs from each transaction.
Our reports provide an executive summary together with a description of the features and condition of each building element and its likely performance. We also provide budget forecasts for future repair costs. Our careful visual assessment of the property always includes analysis of the available construction and facilities management documents. In addition to a subject lease for example, we would also inspect and comment upon the common parts of the building or block to identify abnormal service charge items.
Whether you are a fund, investor or tenant, our expert and comprehensive Building Survey report is invaluable.
We have an extensive record of accomplishment in providing any scale of survey for the full range of property use types. Our past sectors for this service include all forms of offices, healthcare, public buildings, education, industrial & logistics, hotels, residential and retail.
We thoroughly inspect each property to be assessed, ranging from large portfolios to a single floor or unit, often working closely with your legal advisers. We also manage and integrate with specialist engineering consultants to suit your specific requirements. Our Survey services are delivered in full accordance with current RICS guidelines.
Our Chartered Building Surveyors are supported by our in-house team of Cost Consultants who assist us during the cost budget process to provide added assurance that our costs are suitably evidenced based using published data and our own cost information.
Our reports provide clear technical information and cost advice for your stress free decision-making and successful negotiations on property transactions.
Knight Frank has launched a new, dedicated Flexible Office platform to better serve a new breed of occupier clients.