Energy regulations warning to businesses; Location IN ASSOCIATION WITH Rensburg Sheppards.
Environmental consultancy Envos says most of the 90,000 shops which are expected to be vacant by the end of February 1 will not legally be allowed to be sold or rented unless commercial property owners and insolvency professionals get certificates in place.
The new Energy Performance Certificate (EPC) became a legal requirement on January 4.
The legislation requires all commercial property owners to obtain an EPC before the property can be marketed for sale or letting.
But Envos warns that 90% of the commercial properties owned by the people it has spoken to still don't have an EPC and aren't in the process of getting one.
This equates to 1.6m commercial properties across the country.