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Energy Performance Certificates

Areas | Energy Performance Certificates

Energy Performance Certificates

Energy Performance Certificates

Sellers are bound by statutory law (6th April 2012) when a business or property is put up for sale or rent they must produce an EPC, which provides information on the energy efficiency and likely carbon dioxide (CO2) emissions from their business premises. An EPC applies only to those business properties which have 'their own heating or conditioning units' and lasts for 10 years.

The law governing EPCs is the Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2008. These regulations have been changed as follows:

An EPC (or written evidence that an EPC has been commissioned if you don't yet have an EPC) should be supplied as part of an advertisement listing on this website to potential buyers as early as possible in the sales process. To that end an EPC, or written evidence that you have applied for one, should be obtained within seven (7) days of marketing the property on NurseryforSale.co.uk

However, if sellers use all reasonable efforts to apply for an EPC within the 7 day period they have a further twenty one (21) days to obtain the certificate. Therefore all sellers must have an EPC in their possession within 28 days of the start of marketing.

Sellers must satisfy Nursery for Sale that an EPC has been commissioned before marketing the property.

The entire EPC certificate should be attached to a business listing advert if possible, or if this isn't possible the asset graph (which shows the energy rating of the property) as a minimum must be attached.

Owners of commercial premises must obtain an EPC before they put their business up for sale - in fact we recommend obtaining one as soon as possible. However, the above legal obligations apply only when an owner decides to market their business premises for sale or lease.

All of the new rules above apply only to business premises that are marketed for sale or lease on or after 6th April 2012.

The penalty fee for not having an EPC ready to show prospective buyers or tenants is fixed at 12.5% of the rateable value of the relevant building. Penalties range between £500 and £5,000.

We are very keen for sellers to continue advertising their childcare businesses on NurseryforSale.co.uk. However, please be aware of the consequences to you of not obtaining your EPC in the relevant time period.

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Areas | Energy Performance Certificates

 
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