Commercial EPC Requirements
Commercial property owners must provide an EPC to the prospective buyer or the tenant within days of actual viewing.
According to the law, a penalty is charged if a landlord fails to provide the tenant with an EPC. The penalty rate is 12.5% of the property's value (minimum £500 and maximum £5,000).
In case this formula cannot be used, the penalty amount is fixed at £750. Even after the penalty is charged, the landlord is required to submit an EPC at the earliest.
Therefore, to avoid administrative penalties, book your EPC online. Get an Instant Quote from Us Today.
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EPC for Subdivided Property
Landlords of a subdivided property are required to submit EPC for each unit separately. It means that if a commercial property is divided into different sections, such as commercial activity, accommodation, etc., each section would require its own EPC.
In the case of subdivided property, EPC requirements depend upon the type of heating systems in the building. It means that properties with a separate heating system require a separate EPC. In the case of a common heating system, you can get an EPC for the entire building.
If one section of the subdivided property is intended for residential/ accommodation purposes, then that section requires a Residential EPC.
The prices for commercial EPC depends upon the size and type of property. Take note that in some places across the UK, a surcharge may be levied for the EPC.
For accurate cost estimation, contact us at 020 3011 2389, or email us at hello@gassafetycerts.com.
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