Property Condition Report

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1.0 Introduction

• 1.1 As the appointed management company for the property above. BNS Limited have undertaken an assessment to establish the condition of the external and internal fabric, assets services within the common ownership of the building, and to provide a maintenance plan for the immediate and future maintenance requirements for the property.

• 1.2 This report is to assess the building fabric, fixtures and finishes, mechanical and electrical services to the external and common parts of the property and make recommendations as to appropriate repairs and maintenance works.

• 1.3 Property Description

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• 1.5 Building Occupancy Information

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• 1.7 The report identifies when assets have reached the end of their expected life, and the associated replacement cost based on industry guidance as detailed later in this report. Where an asset was due to life expire prior to the date on this report the associated cost has been placed in first year of the forward maintenance plan.

• 1.8 The report also considers minor repairs to assets which may be required prior to life expectancy that fall outside of the regular contracted maintenance regime.

• 1.9 The reader of this report should be aware that assets can exceed their life expectancy as well as fail prematurely.

2.0 Executive Summary

• 2.1 External Findings

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• 2.2 Internal Findings

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3.0 Methodology

• 3.1 The Property Condition Report is based upon a survey undertaken on 17th October 2024.

• 3.2 The costs in the Property Condition Report are estimates based on current rates and make no allowance for fees or VAT.

• 3.3 It is assumed that planned and reactive maintenance will be undertaken on all plant, major items and services to a high standard throughout its life and items repaired or replaced when they fail.

4.0 Service and Asset Description

• 4.1 Set out below is a description of the services identified on site during the inspection

• 4.2 Heating and Ventilation

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• 4.3 External Fabric (including roofs)

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• 4.4 Internal Fabric

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• 4.5 Drainage and Plumbing Systems

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• 4.6 Security Systems (including auto doors and access control)

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• 4.7 Lifts and Escalators

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• 4.8 Access Equipment

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• 4.9 Compliance

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• 4.10 Grounds

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• 4.11 Car Park

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5.0 Summary Maintenance Costs

• 5.1 The following table shows predicted expenditure for Planned Preventative Maintenance for the next 5 years

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• 5.2 The following table shows a breakdown of costs by asset, recommended for replacement or repair for the forthcoming year

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6.0 Asset Schedule and Long-Term Maintenance Plan

• 6.1 The following table outlines any longer-term maintenance costs for the building

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7.0 Assumptions and Caveats

• 7.1 Our report cannot comment with any authority on the condition of those parts which have not been inspected.
  We have not carried out, nor arranged for, specialist tests of ground conditions, of any part of the structure or substructure, or the electrical, heating, air conditioning or other services to the property or beneath the site.
  
  The report is provided for the stated purpose only and for the sole use of the named client. It is confidential to the client and its professional advisors. We accept no responsibility whatsoever to any third parties and should they choose to rely on this report, they do so entirely at their own risk (even if they have paid in order to do so).