Commercial New Tenant Report

Introduction

Know your future costs when taking on a new commercial tenancy. A full "repair and insure" lease is an agreement between a landlord and tenant.The tenant takes over a building for an agreed term, and agrees to to take full responsibility for the upkeep, repair and the insuring of the property.

This is great news for landlords, they get their rent every year and don't have any maintenance to pay on the building as the new tenant pays for everything. If a tenant takes control of a building and changes any part of it, they will have a responsibility to restore everything back to its original state.

For a tenant, this type of arrangement can add unforeseen costs and monthly burden to their overheads if they inherit a building that has problems.
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Possible Problems

If a building is relatively new, the upkeep of the exterior shouldn't be a problem, assuming that it has been built to a good standard. But taking on any building over 20 years old, precautions should be taken.

Problems you may come across could be:
  • Damp - Rising, penetration, condensation
  • Roof level problems - flat roofs, high level brickwork, box gutters, rooflights
  • Asbestos - Old worn asbestos should be covered or removed
  • Subsidence and structural issues.
Once you have possession of the keys, any damage either existing or new could become your liability, this is why a full building survey is recommended and especially a roof survey to establish the current condition and lifespan of the roof.

With the right information, a tenant can negotiate the terms of the FRI and conditions can be made to include who's responsible for the costs of roof repairs should a report find that a roof is coming toward the end of it's serviceable life.

For more information and prices please call 01664 431370.

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What our clients say

How refreshing to deal with a thoroughly professional company who understand customer service and quality work. The team treated my house as a home not a building site and nothing was too much trouble. I would have no hesitation in recommending them

Simon King

It was a pleasure dealing with a Company that provides a highly professional and considerate service. I have received a number of (good) comments regarding the works from neighbours and also a note through the front door - all of whom asked who was carrying the work and for your contact details which I have passed on - I hope you get at least one enquiry from those.

Simon Barnes

Stace Roofing provide a quality professional service delivered by skilled staff who are polite, considerate and leave the site clean and tidy.

Mr P Roffey

Stace Roofing have consistently supported our works with excellent workmanship, friendly advice, great flexibility and assistance above and beyond the call of duty, providing a user friendly non-contractual service, favouring open and honest discussion.

Mr Martin Kempler