Cheval Property Advisors Limited carries out all types of commercial property and asset management and the Company is licensed by the Royal Institution of Chartered Surveyors (RICS) to undertake property management for third parties.

All Cheval staff are qualified Surveyors or training for RICS accreditation.

• Issue demand or VAT invoice for rent, service charge and other payments due.
• Daily banking or telegraphic transfer to client’s bank
• Produce monthly/quarterly VAT and income and expenditure statements
• Issue weekly arrears schedules with advice on cost recovery.
• Instruct solicitors/bailiffs on collection of arrears

• prepare budgets with quarterly cost comparison to expenditure incurred
• pay invoices from service charge fund or authorise accounts for direct settlement by client
• reconcile service charge expenditure at year end and account to tenants

• carry out regular visits to ascertain condition of property and tenant’s compliance with lease covenants
• submit detailed inspection reports including comments on planning issues and local market conditions
• issue defects letters to tenants and monitor works, instruct solicitors as appropriate

• ascertain cost effectiveness of contractors and statutory suppliers by benchmarking with other buildings
• re-tender contracts as appropriate retaining flexibility in contract terms

• arrange risk assessment of building in accordance with health and safety legislation to ensure safety of tenants, contractors and visitors to site.
• Implement Management Schemes including permits to work for maintenance contractors

• negotiate rent reviews, lease renewals and deal with third party applications as appropriate
• process applications to assign, sublet and alter

• attend regular meetings with client to discuss financial, property and strategic issues

• arrange survey of buildings and prioritise essential maintenance works to structure, common areas, air conditioning systems, heating plant etc.

• ascertain occupational costs for tenants and owner occupiers and holding costs for vacant premises and advise on reducing such overheads

• ascertain clients intentions for property in terms of anticipating return and risk control
• establish tenants occupational requirements and opportunities for relocation within building to maximise income stream
• examine availability of adjoining properties and sites to extend ownership to satisfy tenants expansion requirements
• review levels of service charge in light of number of voids