Electricity
Most occupiers of commercial multi-let buildings will be paying for electricity via two routes. However, do you know what you are paying and whether this represents good value for money?…
leisure
Management Costs Offset Savings
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 management costs through the employment of an Estate Manager to manage various services, with that cost spread across numerous service lines..