Landlord Feasibility and MEES Action Pack
It is in everyone’s interest to understand a commercial Energy Performance Certificate (EPC) and what it means in real terms. To help you navigate the Minimum Energy Efficiency Standards and find practical solutions to allow continued occupancy, we have developed a range of services to achieve practical results.
Whilst the MEES will undoubtedly affect all parties, the onus and liability lies with the owner of the commercially rented property. Our Landlord Feasibility and Action Pack will therefore guide you from determining the implications of the building’s Energy Performance Certificate rating, through costed upgrade and compliance options to practical project management assistance to implement the necessary works seeking planning and Building Regulations approval where required.
1) Energy Performance Assessment
- Review of current EPC (calculation and method rating accuracy)
- Real rating calculation - undertake new energy assessment
- Produce draft EPC and Recommendations for feasibility assessment
2) Budget Estimate Options Appraisal
- Budget estimate: costed recommendations for available options
- Feasibility Study: practical, statutory and lease implications of options
- Payback model: assessment of energy savings against capital expenditure
- Exemption analysis and advice
3) Implementation Phase
- Upgrade and refurbishment design, schedules of work and technical drawings
- Liaison with mechanical and electrical engineers
- Planning and Building Regulations applications
- Project management: competitive tendering and contract administration
- Party wall duties
- Liaison with solicitors/legal and financial advisors and managing/letting agents
- MEES exemptions applications
4) Estate Strategy
It is essential that you apply this approach across your portfolio and we can help you populate your database for re-evaluation of your property by collating:
- Lease renewal and break dates
- EPC ratings, expiry dates and projected ratings
- Prioritising re-assessment and projected upgrade requirements
- Anticipated cost options
- Collaboration with valuation surveyors and legal advisors
- Property refurbishment and disposal strategies
5) Dilapidations Advice
Consideration of MEES, landlord’s intentions and effect of works on terminal schedules of condition and diminution in value.
Tenant Feasibility and MEES Action Pack
Whilst the onus is on the landlord to achieve an Energy Performance Certificate EPC Rating E or above, the provision of compliant certificate may allow the lease to be agreed or renewed, however, may not be sufficient in the medium to long term.
The last thing you (or indeed the landlord) want in the middle of your lease, is the sudden disruption caused by the need to carry out upgrade works due to an expired Energy Performance Certificate failing on reassessment to produce an EPC rating of F or G. Similarly, your current lease may come to an end and you wish to remain in occupation and renew your tenancy, however the absence of an EPC or a pre-existing EPC rating lower than E may mean a period of disruption to your occupancy affecting trade or even requiring you to decant for the duration of the works. Such information, in good time, may affect your business premises review and inform your decision-making process in terms of property type, location and lease terms.
To anticipate the implications of the Minimum Energy Efficiency Standards during your lease, our Tenant Feasibility and Action Pack follows a similar path to that of the landlord’s pack (above) and allows you to determine the best strategy for continued quiet enjoyment of the premises with minimal disruption to business operations.
Call or contact us to see how we can help you!