Warning for commercial property owners

 

From the 1st September squatting in residential buildings in England and Wales became a criminal offence, with perpetrators facing up to six months in jail and a maximum £5,000 fine. This legislation does not apply to commercial properties, which may now become more vulnerable as squatters seek alternatives.

In light of this we would recommend a few basic precautions regarding empty properties in order to protect against squatters.

•            Ensure an adequate level of physical protection.

•             Consider boarding up windows and doors

•             Keep both intruder and fire alarm systems fully operational.

•             Removal combustible materials from the premises and nearby areas.

•             Frequent internal and external inspections.

•             Ensure that all CCTV equipment is in full working order.

•             Consider installation of a temporary intruder alarm system.

•             Employment of security guards or consider custodians.

•             Turn off, drain down and secure any mains water supplies.

Arranging competitive Insurance for unoccupied commercial properties can prove to be a real challenge for many brokers but we have access to several insurers who can provide cover for the majority of unoccupied property insurance risks

For more information about insurance for unoccupied commercial properties contact Tony Gibbs on 0118 9165 485 or complete an enquiry form.

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Author: Tony Gibbs | September 21st, 2012

Contact the author

Tony Gibbs
Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767   info@macbeths.co.uk