Ensuring that a commercial property remains functional and profitable is key for the owner of the building. It’s often referred to as asset management because the structure is a financial asset. Commercial buildings generate income in two ways, the physical resale value of the property and the rental income generated in leasing to a business. Generally, the owner will therefore pass on the management of this asset to a property manager usually in conjunction with a property management business.
There are many different uses for commercial buildings for example:
- Rental blocks
With such a variety of functionality, it is critical to engage a property management service that has the experience and access to skilled tradespeople both to react to emergency repairs and carry out planned maintenance. Every single type of commercial building depends on the integrity of the structure to facilitate the success of the business. For example, factories must continue to manufacture goods for businesses to be profitable. An office is generally filled with people and equipment that are integral to the success of the business and retail or leisure facilities depend on footfall to generate income. Let’s focus on one such commercial property, the warehouse.
The importance of warehouse buildings
Warehouses are incredibly important buildings because they hold valuable stock, and their functionality has a direct impact on the supply chain. So why is it important? It’s not simply about buyers getting their goods quickly, a well-managed supply chain can improve living standards because it enables consumers to buy products at lower costs. The more streamlined the process of delivering products to the market, the better the customer experience which builds loyalty and repeat business. A functioning commercial warehouse property therefore must ensure goods are protected.
If a commercial roof is not properly maintained, it can lead to leaks that damage goods. Damaged goods are not only a cost in terms of lost stock, but they also cause delays to the supply chain. This in turn can have a knock-on effect on the market and consumer buying. Market forces are subject to lots of moving parts and therefore if one brand has issues with its stock then other suppliers who rely on its goods or those that supply parts for the manufacture of the goods, will be impacted by problems through damage to warehouses. It’s not just carrying out repairs or ongoing maintenance, The Complete Property Group have experience in carrying out dilapidation works for warehouse premises. Check out our case study where we discuss one such client that we helped.
We have been serving Portsmouth and Hampshire-based property managers for many years and have the expertise to develop a complete maintenance schedule that encompasses commercial roofs such as those on warehouses so that we can play our part in supporting the logistics in the UK supply chain.
Whether it's damp surveys, roof assessments and reports or simply some advice from an experienced property services company, come and get in touch today and see how we can help you.