Residential models of letting & management are influencing the new commercial world

There were lots of predictions over the past 2 years on how Covid-19 would change our lives indefinitely. Whilst many parts of people’s lives have quickly gone back to some sort of normal, there is no doubt that the changes to the commercial world of work are significant and are here to stay.

Tenants are looking for simpler solutions to their commercial spaces and desire flexibility, ease and all-inclusive services. Less paperwork, no headaches and lower costs. Landlords, especially in City Centres, will need to adapt to these changes. There has been a clear Amazon-ification, a Deliveroo-ification even (!), of occupiers expectations. Many commercial occupiers no longer want to worry about dilapidations, unknown service charge levies, high legal costs or other perceived old hat expenditure.

Our teams have spotted this growing trend which suggests that the residential models of property letting and management (i.e a fixed % for the whole package) are entering the commercial arena. This includes; hassle-free and digital legal paperwork, shorter terms, all inclusive packages including furniture, greater flexibility to leave and a just an all round more service-driven experience.

Our CoreOps team, who are specialist property managers, are therefore offering the following services to our clients:

1) for Landlords – a tenant-find and full management service of the let space at a fixed annual % on the gross rent (just like the residential model). We will find your tenant and deliver an all inclusive management service within the let space, including handling proactive and immediate reactive maintenance, ensuring compliance with workplace Health and Safety and managing contracts such as cleaning services, IT support, soft consumables and all Tenant liaison.

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2) for Tenants – a property-find and full management service of the let space at a fixed annual % of the gross rent (just like the residential model). We will find your perfect space and deliver an all inclusive management service within the let space, including handling proactive and immediate reactive maintenance, ensuring compliance with workplace Health and Safety and managing contracts such as cleaning services, IT support, soft consumables and all Landlord liaison.

The CoreProp Group have the diverse knowledge within our group to offer these bespoke packages to the market and can handle each specialist element with expertise.

To find out more and for pricing, please call 0203 143 0123 or email us at info@coreprop.co.uk