As a business owner who owns or leases commercial premises, you may not immediately think of commercial real estate when you hear “Property Condition Report” or PCR.

However, an excellent commercial real estate agency in Perth will always rely on PCRs to ensure their clients get the best service.

In this article, we have explored the value of Property Condition Reports.

 

Fair wear and tear

It’s amazing how many times we’ve heard tenants say that the condition of their place was better than when they moved in. Determining what ‘fair wear and tear’ means for a property can be difficult without an expert assessment done by a real estate team in Perth. Our team will conduct an on-site review to determine if fair wear and tear have been made.

 

Damages

What do you think about when someone suggests that there might be a damage issue? With access to our previous Property Condition Reports, we can see whether or not any repairs need to be made before rent is due again next month. Be sure to request a free appraisal with us.

 

Disputes

Let us set the scene for you – the PCR photos from before a tenant moved in showed a perfectly polished concrete floor. However, when it comes time for property handover – the tenant disputes that the concrete floors and the carpets are not up-to-scratch. Luckily, because of the PCR completed recently, we are able to make an impartial assessment to settle the dispute prior to signing.

 

Fitout

What is going on? The fixtures and fittings are suddenly different. Did you upgrade to premium, platinum gold light bulbs that now seem like cheap aluminium ones? This can cause problems when the tenant vacates because there will be two sets of measurements. A PCR can ensure that everything in the property is consistent to what was outlined at the date of signing.

 

Gardens

The commercial building you are renting might have had an entrance that looked like a tropical rainforest. However, when it comes to checking out what’s left at the end of your lease, you might have feel like you have nothing but a few scrubs left, at best. One quick look through this report should clear everything up.

 

Painting

The PCR process is a great way to ensure that your tenants’ expectations are met and maintained throughout their commercial tenancy. This can be especially important for those who may have been enticed by false promises from other landlords in the past.

 

Signage

This one seems pretty simple: If you put a sign up during the tenancy, then please take it down. Before renting a property with signage, the first thing you should do is to make sure it’s removable.

 

Are you looking for a diligent real estate agency in Leederville, who specialise in commercial real estate in Perth? Then be sure to contact our commercial property management team today for an obligation-free chat You can also review our current commercial property leases available here.