Pre-Acquisition Survey 

Propitas was appointed to carry out a peer review building survey of Vantage Point Business Village, Mitcheldean, Gloucestershire, which comprised of a mixed-use commercial site providing both industrial and office accommodation offering a gross internal floor area of approximately 1.3 million sq. ft (123,429 sq. m) over 14 principal buildings.

Propitas carried out full technical due diligence of the site, which included a comprehensive lease and technical documentation review, allowing us to identify and report on any potential future risks that the site posed to our acquiring client.

Our report identified matters that were overlooked or were not accounted for within the Vendor’s Technical Due Diligence report, giving our client a clearer insight into the potential future liabilities associated with the management of the site.

Upon completion, we provided the client with a single co-ordinated survey report, complete with budget costs for potential future liabilities the site presented.

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