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EV Charging

A shortage of electric vehicle (EV) chargers and a surge in demand for EVs create an opportunity to generate additional revenue.

EV Charging

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Our Dilapidation Process

Our dilapidation framework has been developed through an evidence-based approach. Our process allows for the identification of value-adding opportunities which we then build a bespoke strategy around.

We recognise that there is financial value in the speed of resolution, therefore timings are key in the formulation of every one of our dilapidation strategies.

Managed by leading RICS dilapidation specialists we continually review our practices with our legal partners alongside our dedicated Dilapidations Manager who proactively manages every job.

Our Project Process

Our Project framework has been developed through collaboration with our partners and clients, applying a value-centric process.

Unsure how to get the right result? We have it covered. Managed by experienced project managers we work hard to get you the result needed to meet budget time and quality.

The value of installing EV chargers is widely unrecognised, knowing how to optimise the opportunity can be a challenge. Vantage provide specialist independent advice through extensive data collection and knowledge of the market.

The value of installing EV chargers is widely unrecognised, knowing how to optimise the opportunity can be a challenge. Vantage provide specialist independent advice through extensive data collection and knowledge of the market.

With only 35,000 public chargers in the UK currently serving over 1 million EVs, there is an opportunity for landlords to differentiate properties and secure a competitive advantage when EVs become the new norm.

We work with landlords to carefully evaluate and strategically plan their EV charging infrastructure. With many arrangements available, we will work to find the most suitable one by offering independent advice that enables us to optimise the opportunity and maximise revenue.

Installing EV chargers on-site will attract and retain shoppers and increase their dwell time, increasing the retailer's revenue and contributing to increasing the rental value of the property for landlords.

Owning and running EV charging stations can be done under a variety of different circumstances, Vantage is here to help determine what is the best option for you and your property.

The first option is when a property owner has complete ownership. This option involves the landlord's investment in the equipment, installation, and management and then profiting from the provision of charging services by leasing spaces to tenants or selling electricity directly to EV drivers. Vantage can act as the Project Manager and oversee the full process from the initial site survey to the installation.  

A second option is to enable a third party to fully fund the EV chargers and compensate the property owner for their use of the space, through a lease agreement offering a guaranteed income to the property owner. As a result, the third party will be fully responsible for ownership and maintenance costs, but they will also receive the entire revenue potential of offering EV services as services as EV use rises over time.

Vantage help landlords optimise the opportunity and maximise their revenue by carefully selecting the right partners that meet their needs. We will act on your behalf to give you the best possible outcome.  

First Mover Advantage

The inevitable growing demand for EV chargers makes this a lower-risk opportunity than many would believe. Good advice is key and our team at Vantage have done the research and has the contacts to deliver a successful EV solution for landlords throughout the UK. The exciting EV and commercial property tie-up is not one to be missed and the sooner opportunities are open up the greater the returns will be.

“JT Ross value candid advice and that is what Vantage have provided us in the UK. Where problems existed, they found solutions and met our timescales plus budgets be it for projects or dilapidation roles. We recommend Vantage.”

Andrew Ross, UK Managing Partner
JT Ross

“Prologis promote collaborative working and exploring the best solutions with our customers. Applying this to dilapidations is not easy. Vantage are aligned with our values; consequently their approach has led to swift and pragmatic solutions for both us and our customers.”

Stuart Davies, Real Estate & Customer Experience Lead, VP
Prologis UK Limited

“Good help is hard to find and it’s a competitive marketplace so you have to react quickly. The team at Vantage showed the importance of listening first and have had a number of successful roles with our clients as a result.”

Craig Hudson, Equity Partner
Curson Sowerby Partners

“Vantage support Aegon property funds nationwide and have been reliable, applying solution focused strategies they have successfully settled a variety of dilapidation roles and at the same time maintained our aim of positive landlord/ tenant relationships.”

Jim Hartley, Head of UK Asset Management
Aegon, Europe

“Working with Vantage has always been a proactive process. I’ve found them to be very responsive and have the knowledge and staff to provide quality and accurate Insurance Reinstatement Valuations for our clients.“

Huw Thomas, Managing Director
Huw Thomas Commercial

"We have worked with Vantage for several years on dilapidation and project roles with success. The market is competitive, Vantage understand this and their innovative approach has seen us jointly achieve good results."

John Boyle, Chief Financial Officer
Ann Summers

"We enjoy working with the team at Vantage, together we have managed a number of complex roles to good effect. The quality of their work was excellent.”

Charles Sherrat-Davies, Director and Co-founder
Asset Management UK

“JT Ross value candid advice and that is what Vantage have provided us in the UK. Where problems existed, they found solutions and met our timescales plus budgets be it for projects or dilapidation roles. We recommend Vantage.”

Andrew Ross, UK Managing Partner
JT Ross

“Prologis promote collaborative working and exploring the best solutions with our customers. Applying this to dilapidations is not easy. Vantage are aligned with our values; consequently their approach has led to swift and pragmatic solutions for both us and our customers.”

Stuart Davies, Real Estate & Customer Experience Lead, VP
Prologis UK Limited

“Good help is hard to find and it’s a competitive marketplace so you have to react quickly. The team at Vantage showed the importance of listening first and have had a number of successful roles with our clients as a result.”

Craig Hudson, Equity Partner
Curson Sowerby Partners

“Vantage support Aegon property funds nationwide and have been reliable, applying solution focused strategies they have successfully settled a variety of dilapidation roles and at the same time maintained our aim of positive landlord/ tenant relationships.”

Jim Hartley, Head of UK Asset Management
Aegon, Europe

“Working with Vantage has always been a proactive process. I’ve found them to be very responsive and have the knowledge and staff to provide quality and accurate Insurance Reinstatement Valuations for our clients.“

Huw Thomas, Managing Director
Huw Thomas Commercial

"We have worked with Vantage for several years on dilapidation and project roles with success. The market is competitive, Vantage understand this and their innovative approach has seen us jointly achieve good results."

John Boyle, Chief Financial Officer
Ann Summers

"We enjoy working with the team at Vantage, together we have managed a number of complex roles to good effect. The quality of their work was excellent.”

Charles Sherrat-Davies, Director and Co-founder
Asset Management UK

FAQs

What grants are available?
The Office for Zero Emission Vehicles (OZEV) offer grant schemes. You may be eligible for the Workplace Charging Scheme which covers up to 75% of the total costs of the purchase and installation of EV chargepoints capped at £350 per socket up to a maximum of 40 sockets. Alternatively, the on-street Residential Chargepoint Scheme provides funding for local authorities towards the cost of installing on-street residential chargepoints. The most up to date information can be found on the Government website.
What charging speed is right?
The right speed of charging will vary depending on your site and usage. For example, an office may benefit from 7kW or 22kW chargers as the users dwell times are naturally higher, leaving their car to charge during the day. Whereas on-route charging requires rapid chargers, ranging from 50kW up to 150kwh to provide the fastest charge allowing drivers to continue their journey.
Case study

Dilapidations and Project Management

Dilapidations & Project Management (Offices)

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