Commercial Property Specialists

We are specialists in commercial property, looking after offices, industrial units and retail space across the UK. From rent collection to lease advice and building surveys, our chartered surveyors help owners and occupiers protect their income and get the most from their buildings.

Commercial property specialists

Every commercial property is different, and so is every owner. We take time to understand your building, your tenants and what you want from the investment, then put together a management plan that fits. Our commercial team joined Principle from Pennycuick Collins, bringing more than 40 years of experience in the Midlands commercial market.

As your managing agent, our focus is to protect your income, look after your asset and keep your tenants happy in their premises.

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Our Commercial Services include:

Commercial rent collection

Rent is the lifeblood of a commercial investment, so we make sure it arrives on time. We issue rent, service charge and insurance demands on the usual quarter days, keep an accurate ledger for every tenant and follow up on arrears quickly and professionally.

Rent is held in protected client accounts and paid across to you promptly, with a clear statement showing what has been collected and what is outstanding. If a tenant falls behind, we will talk to you about the options early, before a small problem becomes a costly one.

One managing agent for mixed-use buildings

Shops and offices on the ground floor with flats above are common across the Midlands, and they bring their own challenges. Costs have to be split fairly between commercial and residential occupiers, and both sets of leases have to be managed side by side.

Our commercial and block management teams work together on these buildings, so you have one point of contact and one set of accounts, with each side handled by specialists.

With Principle, you will benefit from

We will assign a strong team to your development to ensure we provide you with the very best service. This includes:
- Our dedicated on-boarding team to ensure your transition to Principle is swift and hassle free
- Your Property Manager is your expert point of contact to manage budgets, attending residents meetings, advising on legislation, and provide regular updates and reports
- Your Customer Services team will support your day-to-day operational requirements including repair request and managing contractors
- Your Property Inspector is specifically responsible for completing regular site visits and assessment reports
- Your Service Charge Accountant will work closely with your Property Manager to ensure your accounts are up to date, invoices are issues and audited year-end accounts are produced
Our membership to key industry bodies demonstrates our compliance and commitment to upholding the highest industry standards. We are regulated by RICS, full ARMA members, and IRPM qualified.
Manage your property from the palm of your hand with our online portal. Included as standard with our block management services, you can report an issue, pay your service charge, access important documents at a time that suits you.
We provide regular updates and reports, tailored to your requirements, so you will always know what’s happening with your property, its finances, and upcoming works.
We have a dedicated Property Inspection team who will visit your development regularly to carry out a full inspection. Inspections are completed through our bespoke Site Survey app and any items requiring review are raised in real time on our property management system for maximum efficiency.