Dealing with the administration that comes with owning a large commercial property in London can often be overwhelming. Without realisation, some tasks can be overlooked. However, for a number of reasons (which we will cover in this article), it is essential that the property holds an EPC certificate.
- To book a commercial EPC certificate with a surveyor visit – EPC For You London
- To read more from the Uk Government site visit – https://www.gov.uk/buy-sell-your-home/energy-performance-certificates
Discover why an EPC is an all-important document for ensuring the future of your commercial property.
- Law Changes
2018 is set to be a major year for energy efficiency changes in the Capital. After a damning report in 2016 revealing that 37% of London’s commercial properties were given an E rating or lower, changes have been made to ensure this percentage declines significantly.
From April 2018, any commercial property in England and Wales will be required to hold at least an E rating. Any properties that do not meet this standard cannot be sold or let, until changes have been made and subsequently a higher rating has been achieved.
- Financial Benefits of an EPC
Anyone who owns a commercial space in London will be fully aware of the expense of business rates and general maintenance of the property. Add to that some skyrocketing energy bills and you could find yourself in deep financial trouble.
By cutting down on unnecessary energy waste, your bills will be drastically reduced, and you will be safe from the new law taking effect in April 2018.
- Do I Need a Commercial EPC?
While it is not a legal requirement to hold an EPC for your property, it is highly recommended to hold a valid one at all times. Prospective tenants and/or local building control officers can, at any time, request an EPC for your property. If you fail to present one within 7 days, some serious fines will be heading your way.
Please note that if your property is services by air-conditioning units above 12kWs, you will be legally required to hold inspection certificates.
- How Does it Work?
Acquiring an EPC certificate could not be easier. You can book a qualified assessor to visit your property and carry out an inspection of the key elements associated with energy efficiency. Depending on the size of the building, the assessor may split the space up in to zones and assess each zone, before combining them at the end of the survey.
Costing very little and taking no more than a few hours, agreeing to an EPC survey on your commercial property is a no-brainer.
Preparing for an EPC survey is just as simple as undertaking the survey itself. Ensure that you have a comprehensive knowledge of the properties history and any elements associated with its energy efficiency rating.
Some simple changes, such as switching to low-energy lightbulbs or improving insulation will guarantee that your EPC reads well.