Once a party has purchased a property, whether this is for investment purposes, or even for occupation, it is necessary to plan ahead to ensure that the building performs satisfactorily for future years.
If you have purchased a property as an investment, it is essential that the building is maintained and perhaps enhanced to ensure that the asset value is realised to its full potential.
If you have purchased the property for owner occupation, it is essential that the building is maintained and repaired firstly to comply with your repairing obligations under the terms of your lease and secondly to ensure that the building performs satisfactorily to allow your use of the building to continue without disruption to your business.
In either situation, without planning for such repairs in advance, problems can arise. What often happens is that people tackle maintenance on a reactive basis, which is often an expensive way to deal with remedial works. All too often, people fail to prevent problems prior to them occurring, which can often result in downtime to a business operation and loss of productivity.