Commercial EPC ratings are a factor that can have a significant impact on buyers' auction property choices. Let our guide help you gain full knowledge on the subject.
An EPC informs the buyer about the energy performance of a property. It is a legal requirement for the seller, to provide a commercial EPC prior to your property being marketed. A copy of an EPC must be made available to potential bidders at all times. A commercial EPC is valid for ten years from the date of issue and this system is used throughout the EU.
If your commercial property has a total floor area of less than 50 square meters, or falls into the following categories, you will NOT be required to supply a commercial EPC;
Energy ratings on an EPC vary from A (most energy efficient) to G (most energy inefficient). The EPC ratings should be better for newer properties than older buildings. A higher EPC rating could play a big role in making your commercial property more attractive to potential buyers.
There are various ways to improve your commercial EPC rating, and to lower the cost of commissioning the report. For example, by ensuring that the EPC assessor is able to get easy access to all the parts of the building to be inspected. Another example to improve your commercial EPC rating would be to remove any portable heaters from your commercial property, as this could be seen as your property’s main heat source and would be considered to be an inefficient way of heating the premises.
You will require professional advice if you are looking into a considerable improvement of your commercial EPC rating or commissioning an initial EPC for your commercial premises.
Unlike a domestic EPC, obtaining a commercial EPC can be a lengthy process and could take several weeks.
This is because commercial properties come in a wide range of sizes and shapes and different areas (basements, loading bays attics etc). This makes it more difficult for an EPC provider to assess. The certificate will include details of: construction, insulation types, the area of glazing and how each internal space is used, together with equipment used for ventilation, heating and air conditioning.
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