A business inspection is one of the most important things for your property before buying and selling. If you are an experienced property owner, you will already know that property deteriorates over time. That is why it is important to keep on top of your commercial building to make sure that it is not going beyond repair.
If you are selling your commercial property, you need to make sure that there are no underlying issues with your property that a buyer can sue you for. There are many things that you need to do before your property inspection so here is a quick guide to what you need to do.
There are many things that you can identify yourself before you get any specialists in to check. For example, have a look at the outside of your building to check to see if any of your windows, gutters or your walls are damaged. Are there any holes where water will get inside the property?
Once you have checked your building, hire some specialists to check to see if everything is safe. For example, get a plumber in to check to see if your gas is safe in the building, and make sure that they check your boiler to see that it is fully functioning. The same goes for your electrics, bring in an electrician to double-check your electrics on the property. If anything is damaged before being addressed, it can bring down the cost of the property drastically.
It is understandable if you are not experienced in property inspections because there is a lot to look out for. Get someone that is experienced in property inspections as this will save you a lot of time. Plus, they will be looking out for stuff that you might not even know to check. These real estate agents have done many of these before so make sure that you do not get in their way to do it properly.
It is always important to note down the current condition of all of the main features of your property. Break them down into 3 categories, new, functioning and needs repairing. With those features that need repair, make sure that you repair them before looking to sell your property because they will also reduce the value. The longer you leave something deteriorating, the more damage it will cause. Some of the main features that you need to check are the roof, ceiling, walls, doors, kitchens, bathrooms, overall plumbing works and electrical wiring around your building.
Just because an issue is not an urgent repair, does not mean that it doesn’t need repairing. A good example of this would be the efficiency of the boiler. The efficiency can be a massive selling point when you are looking to sell your property. Other things that you need to be checking are dripping taps or cracked floor tiles/ floorboards.
Hiring professional cleaners for your property is a must for your building. Look at hiring a specialist cleaning service
When people are viewing your commercial property, they want to see a clean property, as it shows off the key features more.
A viewer doesn’t want to see a dirty bathroom or kitchen because it shows that you do not care for the property. If you don’t care for the cleanliness of your property then do care about the overall condition of your building? Probably not.
Make sure that all rooms are clutter-free. If you use one room for storage then make sure that it is tidy. You can either empty that room and put the stuff in a storage room or, you can tidy that room and organise the things that are in there. Just to showcase that room and how good it is for storage. In your commercial property, you are bound to have a storage room, make sure that it is clean and tidy before the inspection.
Just sweeping some issues under the carpet without them noticing isn’t going to work, that is just not how it works because they will notice these issues. If the inspector doesn’t find the issues then the buyer may find the issues which could leave you in a lot more trouble. Once you sign the documents to pass everything through, you are held accountable.
There are a lot of things that you need to check before you have a property inspection and it is sold. Make sure you get the right professionals in to properly evaluate the issues that your property may have. If you try to have any issues, you are going to get yourself into trouble. Not to mention you will soon lose interest in your property.