Commercial property landlords should consider perimeter protection to deter squatters
Published on
2011-04-28T00:00:00
Commercial property landlords are being advised to consider
perimeter protection systems to help deter potential squatters and
prevent unwanted repair charges.
Measures such as security fencing are ideal for peace of mind
for landlords of unoccupied commercial property to
let.
The Ministry of Justice has revealed legislative changes will
soon be implemented to tackle the legality of squatting, but the
Vacant Property Specialist (VPS) believes any new laws are unlikely
to thwart the actions of squatters. This is due to the fact that
most damage is done to commercial property in the short term.
Nick Tubbs, managing director of VPS UK, said: "Vacant or
temporarily unoccupied buildings are potential targets for
squatters or trespassers, which not only cause concern, but can
become a real issue for local communities.
"The majority of damage to squatted properties takes place
within the first 48 hours of the premises becoming occupied, so
proper protection is vital."
The clean-up bill for even small commercial properties that are
victims of squatters can certainly be a four-figure sum, providing
a meaningful dent into any business' funds.
The VPS therefore advises property owners and managers to ensure
the perimeter of their premises is secure and to undertake risk
assessments to analyse the potential for risks and exposure to
public liability.
Businesses on the prowl for commercial property to
let should certainly consider the security and location of a
building before committing to a lease. Fortunately at Pall Mall
Estates we have a dedicated team of property professionals and a
property portfolio that comprises of over 380 properties with a
wide array of industrial, office and retail stock.