How Naismiths supports the commercial sector
Our talented team of specialists brings outstanding results to projects in the commercial sector, highlighting a range of skills in our three complementary service streams: project monitoring, building consultancy and restructuring and advisory.
We provide strategic guidance and trustworthy advice to a range of clients in the commercial sector, from smaller-scale concerns to multi-million-pound operations.
Clients in this sector can rest assured that our attention to detail and wide experience of the markets involved will provide the strategies for successful and cost-effective solutions. Here are just a few examples:
Project monitoring in the commercial sector
We work closely with funders and investors to manage risk in projects and protect their investments in the commercial sector. They can range from the development of office buildings to sell, rent or lease as serviced premises – a popular offering in the wake of the pandemic – to industrial, retail, hospitality, education and health buildings.
Within this area of expertise, we cover due diligence reporting, funding strategy, project coordination and monitoring, budget control and financial analysis, technical solution advice, account auditing and detailed reporting.
Building consultancy in the commercial property sector
We understand the importance of timescales in the commercial property lifecycle and ensure our clients are fully informed at each stage from start to finish with our key building surveying skills and through our project and cost consultancy expertise.
Project and cost consultancy for commercial clients
We ensure each project runs efficiently and smoothly from start to finish through:
- Employers’ agent role – we act as your eyes and ears, liaising with the design team to ensure the build goes ahead to an agreed schedule and to a high-quality standard, for example a student accommodation scheme
- Contract administration – we ensure there is thorough cost control, protecting each client’s interest if there are changes or delays
- Quantity surveying and cost consultancy – helping you to decide whether to proceed with an investment, through an initial cost appraisal, overseeing discussions to value engineer a project, developing procurement strategies and managing the risk
- [Reinstatement cost assessments – we take care of the insurance valuation, advising on the potential rebuilding costs if a property is destroyed by fire, flood or other peril, for example – would sit as a building surveying service
- Asset management – we advise clients on maintaining their portfolios and properties and the technical aspects of projects. We also manage assets for those dealing with ‘distressed’ sites, advising on solutions such as building out or disposal
Restructuring and advisory in the commercial sector
Our advisory and business restructuring services give valuable insights into preventing future issues with distressed SMEs and organisations. We work with national and regional banks, independent funders and insolvency specialists in our discreet asset recovery service that regains control of the problems and helps save time and money.
Our services support:
- Asset recovery – dealing with the complexities of repossession in an efficient, and sensitive, way
- Insolvency and turnaround - we analyse a company’s assets on behalf of insolvency practitioners to determine the potential for ongoing trading, refinancing or whether parts of a business can be sold off
- Business review and advisory – giving developers, contractors and clients with a portfolio of interests a financial health check of their business
- Technical due diligence – we report to commercial clients in the pre-lending phase to assess whether a company can service the proposed loan
- Consultancy - we act as in-house consultants to propose solutions to issues and how to future-proof a business
- Distressed developments – we support insolvency practitioners appointed as administrators to deal with businesses in a distressed situation through a legal process. Solutions to save businesses include restructuring or overseeing the management of a firm
