Assure Consulting is a leading professional services consultancy offering a range of property cost management and auditing services.
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Tenants may negotiate to limit their liability by means of a Service Charge Cap, which is a clause stating that in any one year the tenant’s obligation to pay the Service Charge shall not exceed an agreed figure … and look at what has happened since April 2020. We have completed a review of 7000…
A retail park service charge budget arrived recently and there was a 3.3% reduction, being broadly in line with the market and probably accepted by many. However, on closer examination, there was a significant reduction in security costs that should have led to an 11% reduction. This reduction had been offset by an increase in…