In many cases it is not the historic land use which affects the levels of environmental risk but how the property is currently used. The results and recommendations of a GreenLight Inspect is often the method by which investment decisions are made.
Whilst purchasers of commercial property may be assured that their investment has a satisfactory level of environmental risk taking into account the historical uses of the site, the current use of the property may provide an unacceptable level of environmental risk that may cause action by the regulatory authorities. A non-intrusive site walkover is therefore imperative to confirm that there is no environmental impediment which may impact on the future use and value of the property.
RICS checklists completed by a Chartered Environmental Surveyor at the time of the site inspection are used to articulate any issues of environmental concern.
The recommendations set out within the GreenLight Inspect should be seen as an integral part of asset management. The report will enable fund managers, property managers and other stakeholders to seek higher levels of compliance from their tenants with the ultimate outcome of enhancing the perceived investment potential as opposed to a potential loss in value.
Compiled, inspected and peer reviewed by Chartered Environmental Surveyors, GreenLight Inspect provides a comprehensive range of unique features:
- Environmental risk assessment taking into account the longer term plans for the property as well as Part 2A of EPA 1990;
- Review of historic Ordnance Survey extracts with mapping provided;
- A site inspection with full photographic record;
- Review of important environmental data, including flooding, mining and ground instability, radon, fuel station locations and radioactive substances;
- Customised ‘EnviroMAP’ for the property;
- Site-specific recommendation for any next steps needed with proposed costs;
- Recommendation of other relevant services, such as asbestos surveys/management plans, Fire Risk Assessments and Energy Performance Certificates that will be highlighted during the course of the inspection;
- Report supplied as a PDF file for easy and efficient storage.
This report is fully compliant with RICS Practice Standards, notably ‘Contamination, the Environment and Sustainability – Implications for chartered surveyors and their clients’ published in April 2010.
Greenlight Inspect is available from £950.00 + VAT
Summary
- Inspected by Chartered Environmental Surveyors;
- One price for sites up to 1 hectare;
- Clear and concise recommendations to protect property portfolio investments.
