In our last blog, we looked at whether commercial property is a sound investment. So, if you decided it was having read that, let’s look at how to make sure your investment works as well as it possibly can for you, through on ongoing maintenance protocol.

We already established that commercial property investment is longer term than residential, therefore maintaining said commercial property is essential to ensure its longevity and to make sure that it remains in a presentable, safe and comfortable condition for tenants, employees, and visitors. Neglecting commercial property maintenance can lead to more significant problems and expensive repairs down the line, which is why it’s crucial to follow a regular maintenance schedule. Here’s our guide to commercial property maintenance in seven tips:

1.      Create a maintenance plan

Creating a maintenance plan is essential for ensuring that all areas of the commercial property are regularly checked and maintained. This plan should include a checklist of all the essential maintenance tasks that need to be carried out, including HVAC, plumbing, and electrical systems, as well as exterior and interior maintenance. The plan should be reviewed regularly, updated as necessary and filed.

2.      Regular inspections

Regular inspections of the property are essential to identify any potential issues and nip them in the bud before they become more significant problems. Inspections may be carried out monthly, half-yearly or annually, depending on the need, and include all areas of the property, both inside and out. This should include checking for leaks, cracks, and damage to walls, floors, and ceilings. It’s worth noting that the responsibilities of the landlord (you) and the tenant should be laid out clearly in the lease, but it is common for the tenant to be responsible for anything not structural. So, if you want to keep the relationship with your occupant on an even keel, help them prevent larger and more disruptive works by keeping up with regular inspections.

3.      Keep the exterior maintained

The exterior of the commercial property is the first thing that visitors and potential tenants see, so it is essential to keep it maintained. Much the same as making a house more attractive it’s kerb appeal that counts! This includes regular cleaning of windows, gutters, and the building’s facade. Landscaping should also be kept neat and tidy, and any potential hazards, such as loose paving stones, should be addressed promptly.

4.      HVAC maintenance

Heating, ventilation, and air conditioning (HVAC) systems should be serviced regularly to ensure they are running efficiently and to identify any potential problems. This will help to avoid expensive repairs and prolong the lifespan of the system. Filters should also be replaced regularly to ensure good air quality.

5.      Plumbing maintenance

Plumbing issues can cause significant damage if left unaddressed, so regular maintenance is crucial. This includes checking for leaks and addressing them promptly, as well as ensuring that all pipes and drains are clear and flowing correctly. This should definitely be included in your winter checks.

6.      Electrical maintenance

Electrical systems should be regularly checked to ensure that they are in good working order and are safe for use. This includes testing circuit breakers, fuses, and outlets, as well as ensuring that all electrical equipment is in good condition. Keep any records of inspections and remedial works on file.

7.      Emergency planning

It’s essential to have an emergency plan in place in case of any unexpected issues. This should include contact information for emergency services and any necessary contractors, as well as a plan for evacuating the property if necessary. The Federation of Small Businesses has a template for creating a Business Continuity Plan that would be a very useful item for you and your tenants to be aware of.

In conclusion, if you’re considering investing in commercial property, you would do well to consider a maintenance schedule at the same time. Maintaining a commercial property requires regular checks and maintenance across various systems and areas. Creating a maintenance plan, carrying out regular inspections, and addressing any issues promptly will help to prolong the lifespan of the property, avoid costly repairs and hold the attraction value.

Contact your local commercial refurbishment company to help manage these maintenance tasks and help to ensure your property is loved by tenants, employees, and visitors alike for a long time to come.