retail

Wolsey Place, Reading

Wolsey Place, Reading

We have recently been commissioned to undertaken an acquisition survey of Wolsey Place, Woking - a purpose built shopping centre in the heart of Woking Town Centre.

As both the vendor and purchaser are clients of calfordseaden, we were able to work with both parties to achieve a successful transaction under a very tight deadline. Subsequently, we have been retained to prepare fire insurance valuations and Planned Preventative Maintenance (PPM) surveys. The latter using calfordseaden's bespoke software. Historically maintenance has been more reactive than proactive but insurers requested a maintenance survey be completed shortly after acquisition. This data will be used to agree schedules of rates with contractors with the intention of reducing costs overall.

The PPM survey will greatly assist in the production of budgets for the centre so that the retailers are given greater accuracy of forthcoming service charges. This will enable the centre to be maintained to a good standard, essential where retail centres compete with each other to attract customers. The building surveyor therefore has a crucial role at the centre of retail shopping and calfordseaden are delighted to provide a continuous service for our clients in this way.