In this post, we’re going to focus on the advantages of getting a gross lettable area survey, from the perspective of someone looking to rent out commercial office space. Whether you’re in a similar position or not, the same principles apply, and the advantages will largely remain the same.
So, why should you get a gross lettable area survey? How can it be of benefit to you?
Obtain a pin-point accurate representation of your property
When you get a gross lettable area survey, you’re investing in qualified and experienced professionals who have access to state-of-the-art mapping technology. This equipment enables them to produce exact, digital replications of a given area.
This gives you an incredible advantage when it comes to managing a commercial property such as an office-to-let building. You will be able to offer any prospective buyers / tenants an accurate representation of what they will be investing in, which is invaluable to both parties.
Avoid rental disputes
By disclosing certified, accurate information regarding the exact lettable area of a given office space, you can avoid any future rental disputes. Simply put, the information is irrefutable, so both parties can have complete confidence in one another when proposing a contract.
Understand your property better
Another big advantage of investing in a gross lettable area survey is understanding your property better. As a building manager, or investor, it is important to fully understand the scope of the property that you are invested in. This gives you confidence to operate within your business absent doubt. Knowing full-well what you can and cannot do with a space largely comes down to a comprehension of how big it is, what features you should be aware of and so on.
If this is something that you are interested in, then we would recommend seeking out a reputable company like V-Mark Survey to assist you. Again, qualified, certified and experiencedchartered building surveyors using state-of-the-art equipment should always be your first choice. When it comes to something as important as getting an accurate representation of your space, you must settle for nothing short of the best. This is to ensure that there are no mistakes made during the surveying process and that all information relayed to you is accurate and on-point.
Once you’ve found a reliable company that you feel comfortable with, you can get the ball rolling. Following that you will be able to confidently rent out space to potential tenants, in the knowledge that they are getting a fair deal and that you’re not selling yourself short.