Commercial Property Management is a simple process seldom carried out efficiently. Whelan Commercial will work with your tenants to ensure that rent is collected on time and in a manner that facilitates the Landlord and Tenant. Landlords are currently facing a barrage of requests from tenants to reduce rents. Proper advice should be taken in order to assist struggling tenants without undermining the landlord’s legal position or the property’s capital value.
The responsibility to repair and the burden of maintenance is an issue that is often mistakenly undertaken by Landlords. We will examine the lease in place and advise/act according to ensure the property is kept in good condition so as to maintain its value.
Whelan Commercial are actively assisting Banks and Accountancy firms during the receivership process by taking the burden of day to day property management away from the receiver allowing them to focus on the bigger picture of bringing the receivership process to a successful conclusion for all involved. Whelan Commercial will act as a remote client for the receiver in dealing with architects, engineers, quantity surveyors, auctioneers, municipalities and contractors.
Many firms and individuals are currently engaged in taking over or purchasing distressed assets and partly finished projects. Whelan Commercial can provide advice to owners and controllers of these projects in order to achieve the highest and best use of the project in the current market conditions. This work may involve bringing together a project team to change land/building uses or redesign projects in order to target a different end user or market segment.
Whelan commercial can act for Landlord or tenants in formal rent reviews, informal rent reviews and third party arbitrations.
We are available to carry out rates appeals of newly rated properties & re-valued properties for clients. Limerick is due to be re-valued in the near future. This means that every commercial occupier & owner will receive a draft valuation certificate in the post. Time is of the essence in this situation and clients should make contact with Whelan Commercial immediately after receiving the draft valuation certificate. Whelan Commercial will make representations to the Valuation Office in advance of the final certificate being issued. There is still significant scope for appealing against the rates liability of a property after the valuation certificate issues however early engagement with the Valuation Office at representation stage is optimal.
Whelan Commercial are qualified and insured to issue valuations in all asset classes. The focus of the firm will lie with valuations of commercial property both tenanted and vacant.