Insuring a parade of shops

55% of the UK’s commercial property (by value) is rented rather than owner occupied. *

We were asked to provide terms on a commercial property where the tenants were Sainsbury’s, a Carpet Shop, Post Office, Boots, Salvation Army charity shop, offices and car park located on the roof. The broker held the business and they were re-marketing for the most competitive terms.

The property was built in the 1980’s, brick built with a 100% flat concrete roof

Covers Requested
Buildings - £15,709,115
Loss of Rent - £1,700,457 (36 Months Indemnity period)
Property Owners Liability - £5,000,000
Terrorism

PIUA obtained competitive terms from 2 of their composite markets and provided those options.
Target premium £15,000
Quoted premium £13,000

Our Property Owners Insurance Policies can provide cover for;

• Buildings
• Landlords Contents
• Communal Contents
• Loss of Rent
• Property Owners Liability
• Legal Expenses

To find out more get in touch with us today on 0330 6780 228

*Source: (Property Industry Alliance, 2016)