Property Risk Mitigation
Our Property Risk Mitigation includes providing security and mitigating business rates.
Security.
Physical Security: SIA licensed security personnel to prevent theft, vandalism, or unauthorised access. Installation of security systems such as alarms, CCTV and lighting.
Security Audits: Regular audits to assess weak points in the property can help proactively address security risks.
Maintenance Checks: Regular inspections of key systems, like fire alarms, electricity, and plumbing, to prevent damage or deterioration that might attract unwanted attention.
Business Rates Mitigation:
We reduce empty business rates liabilities in England by strategically utilising creative, charitable and community occupiers. By letting vacant properties to creative businesses we activate spaces with public facing occupiers, who show the benefits of having an active user in previously vacant space.
By letting vacant properties to qualifying charities, property owners can significantly reduce their rates burden, as charities receive substantial business rate relief.
Additionally, as appointed strategic manager for rateable units, we can manage property usage, identifying suitable charitable tenants, and negotiate favourable terms with commercial tenants.
This combined approach not only mitigates financial losses from empty properties but also contributes to the community by supporting charitable endeavours and revitalising vacant spaces.
