When selling your business it is a legal requirement that a
commercial property must hold a valid Energy Performance Certificate,
however in some instances businesses may be exempt.
What is an EPC?
An Energy Performance Certificate (EPCs) is a document that informs
potential buyers how energy efficient a building is which is important
when they are considering to invest or occupy a building.
All EPC’s are accompanied with a report of recommendation which suggests
ways in which the properties efficiency can be improved. Commercial
EPC’s are valid for up to 10 years or up until a more up to date
certificate is produced.
Who requires an EPC?
If you have a building (with roof and walls) that uses energy to
condition the indoor climate, such as, heating or air conditioning, you
are likely to require an EPC.
There are some circumstances in which an Energy Performance Certificate is not required, such as:
- Places of worship
- Temporary buildings that are only going to be used for 2 years
- Stand alone buildings with a total useful floor area of less than 50 square metres that are not dwellings
- Industrial sites, workshops and non-residential agricultural buildings with low energy demands
Why do I need one?
It is now a requirement of European Law that the majority of
commercial properties must hold a valid Energy Performance Certificate
before it can be advertised or sold.
What happens if I don’t have one?
If you do not hold a valid EPC when selling your business we cannot
legally market your business, so your business may be withdrawn from the
market with us. You may also be fined between £500 to £5,000 dependant
on the rateable value of the building if you don’t make an EPC
available.
How do I get an EPC?
If you need an EPC, only accredited Energy Assessors can produce an
EPC for you. Here at Hilton Smythe we can arrange for an EPC to be
produced for your property, call us on 01204 556 306 to arrange for an
EPC to be produced for your property.
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