We understand that as an occupier or lessee, property related matters can be a distraction from managing your business operations.
Spring can provide tailored advice at the outset, mid-term or at expiry of your lease term. Advising on acquisition, commentary can be provided on your likely repairing obligations, how these may be limited with a schedule of condition or proactively implemented by a planned maintenance regime over your lease term. We are also able to help you plan and implement fit-out and refurbishment projects to suit the planned uses of your building. During your lease term or on expiry, we can assist with notices of repair and exit strategies incuding advising on Break Notices or Lease Surrender’s and negotiating subsequent schedules of dilapidations or damages claims on your behalf.
We aim to give genuine and realistic advice as to the condition of a property or portfolio being acquired or disposed of. Our experience and concise reporting enables an objective approach to be taken and where necessary, the most commercially viable solutions to be adopted. We take pride in achieving the correct balance of commercial awareness and technical expertise.
Some of our particularly useful services include portfolio technical due diligence, vendor disposal surveys, fire insurance valuations, dilapidation liability assessments, lease break option planning and consequential services such as refurbishment and construction advice or even demolition management.
We understand investment managers and property portfolio managers need to maximise their quarterly valuations by mitigating void periods and ensuring premises are in good tenantable condition, weathertight and present well to enable re-letting and maintain continuous rental income.
We understand the pressures that investment managers operate under to maximise rental income and equally, to control costs. To help reach client objectives, we push the dilapidations recovery process, we specify cost effective repairs, and also establish appropriate means to mitigate the time of the refurbishment process so that buildings can be quickly made available for letting and the return of rental income.
Sustainability is perceived to be a priority ‘Key Performance Indicator’ for many portfolio’s and institutions who need to demonstrate improved energy use from their property stock. We will make recommendations for client consideration, ranging from simple low-cost works, such as the inclusion of econo-flush cisterns and eco-taps, to commissioning pre & post refurbishment EPC’s to measure the revised grading on more substantial measures that may be adopted,