If you are about to get space back, perhaps now more than ever careful consideration should be given on how to present your property to new potential tenants in what might be a more competitive market.
Small to medium sized business in Derbyshire may qualify for a DE-Carbonise commercial property grant of £1,000 -£20,000 (up to 40% of the cost) of the total cost of works (excluding VAT), depending on the carbon saving. This is only available whilst the property is still occupied, so if your tenancy is coming to an end, a grant application should be made immediately.
The grant is towards identified improvements and measures to reduce carbon emissions at your premises. This could include more efficient lighting, insulation, heating/cooling systems, compressors, motors, process equipment, renewable energy, resource efficiency, waste reduction and operational improvements.
What does this mean for you?
Appropriate application of such measures could make your property a lot more attractive to potential occupiers and help secure better quality, longer term tenants sooner. Particularly if competing properties are poorly presented or have a poor Energy Performance Certificate (EPC).
We believe the DE- Carbonise project is an excellent opportunity, particularly when one also considers the Minimum Energy Efficiency Standards (MEES). Currently the granting of a new leases can not take place unless the property being let has a minimum EPC rating of ‘E’. From April 2023 MEES will be extended to cover all leases, including where a lease is already in place and landlords must not continue to let any buildings which have an EPC rating of less than E (unless the landlord registers an exemption).
At Omeeto we are pleased to offer a free, no obligation service to inspect your property and provide verbal marketing advice on how to best present it to potential tenants. We can also put you in contact with a Building Surveyor to investigate any potential dilapidations.
For further details on how to apply for the Carbon Reduction Grant please contact the DE-Carbonise team at Derby City Council, who can assess your premises and situation to establish if you qualify for ta DE-Carbonise Grant.
Once the market led carbon reducing measures are implemented, we can help promote your refurbished energy efficient property to potential occupiers. We offer a virtual tour and a Rightmove listing as standard.
The DE-Carbonise project is a partnership between the University of Derby, Derby City Council and Derbyshire County Council and is part-funded by the European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.