Tuesday, July 16, 2013

COMMERCIAL PREMISES REINSTATEMENT

MOVING OUT, DISMANTLING, DISPOSAL & REINSTATEMENT
Email : dismantle4u@yahoo.com.sg











It is important for tenants-to-be to pay a little more attention to "Tenancy Agreement" before signing.  Of course, in most cases tenancy agreements are rather one sided.  It is a Landlord's market especially where lucrative locations are concerned.  Yet it is still prudent to iron out, as far as possible what entails after you signed on the dotted lines.

It is a common clause that states that "The Tenant" is expected to return the unit in its "Original Condition with fair wear and tear excepted".  What is not known is the surrounding conditions for which you are to return the unit to its original conditions.  Many tenants quitting their premises are surprised by the sometimes over stringent requirements put forth by landlords, and this could translate into hefty hidden costs that you may have to bear.  BE AWARE that sometimes the reinstatement costs can run up to tens of thousand dollars due to such conditions.

Commercial units usually requires works to be done only after all shops are closed, and that means working the midnight shift.  Some commercial malls do not allow bins to be brought into their premises, and this means multiple trips by the contractors lorry.  You are often require to protect the floors of common areas leading from your shop to the cargo lift or the location where you dump the debris.  If your works take several days, you will have to lay floor protection material over and over again daily.  Hoardings around the shops is a common thing these days.  What may be most horrifying is some landlords require you to put up performance bonds plus cash deposits, not withstanding you also have your security deposits placed with them.  Some quitting tenants found themselves UNABLE TO QUIT.

So, before you sign any tenancy, maybe you can ask the landlord for a copy of "Reinstatement Requirements" and have them attached to the tenancy agreement just in case unreasonable additional conditions are imposed.

Factory, Hospital, Mall, & Office Building Facilities & Plant Managers

This would be of interest to Facilities & Property Managers or Hotel Chief Engineers.

Singapore is a perpetual construction site.  The government is hoping 80% of Singapore's building meeting green standards set by the year 2030.  



Hence while new buildings are still being built, existing ones will be preparing for green retrofitting.  One key area is energy efficiency in the use of air-conditioning system.  Old ones need to give way for newer, more energy efficient models.  We are in the business of helping building owners remove these heavy and bulky equipment, structures, and service lines.  Our people are trained, with extensive experience in dismantling and restoration.


Cyclical maintenance, failing equipment, may call upon you the facilities or plant manager to replace aging equipment with new ones.


You can rely on us for reliable services and competitive pricing.


Because our staff are trained and experienced, your project becomes seamless and smooth.  We are fully equipped for your most difficult tasks.








For Machinery Scrapping Valuation
Email : dismantle4u@yahoo.com.sg

Dismantle, remove fittings before returning to landlord



Unless otherwise stated, a tenant is contract bound to restore the premises rented to its original condition with fair wear and tear excepted before returning it back to the landlord when the lease expires.

This literally means you have to dismantle everything you have put up and return the premises rented on the same condition as you have taken over from the landlord from the beginning of the tenancy.  It is always prudent for any tenant to take photos of the original condition of a premises and have them attached to the contract to prevent future disputes, but most tenants don't.

It is also prudent that in the course of tenancy, tenants should put aside money in a sinking fund to be called up when the lease expires.  Sometimes the restoration cost can turn out to be very costly, and there are many cases that ex-tenants were taken to court for failure to comply.  Another way of budgeting for your reinstatement works is to work the costs into the rental way in advance.  Assuming you rented a 10,000sq ft premises at $4/- per sq ft for a 3 years tenancy, and projected reinstatement cost is $100,000, your real rental is $4.30 per sq ft.  That 30cts psf/mth needs to be budgeted for and put aside.


Particularly for industrial tenants, manufacturing and assembly lines involved heavy support services like High Tension Cable Lines, Compressed Air Pipes, Air-Con Systems, Storage Systems, and so forth.  These support services sometimes require very specialised people to have them removed in the first place.


It is quite common for offices and shopping malls where there is a building management team who prepares a list of conditions for tenants as a guide for tenants to be aware of before commencing reinstatement works.  However, where a building with fewer tenants, such arrangements becomes ad-hoc and subjective.


For dismantling, moving & disposal of heavy equipment & structures,
Email : dismantle4u@yahoo.com.sg