News

10 Pre-Contract Lease Tips For Service Charge

Control of occupancy costs has never been more important. Here we set our 10 Pre-Contact Lease Tips when signing up to a lease subject to a service charge…

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Apportionment Issue Resolved After Change of Managing Agent

On behalf of a large supermarket chain client we recently reviewed an apportionment issue that arose due to a change of managing agent.

This store was located on a Shopping Park that used a Weighted Floor Area (WFA) apportionment method – the larger the store, the greater the discount to the service charge…

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Assure Saves £6M in Service Charge Costs Q1 2022

In the first 3 months of 2022, Assure have recovered £6M of service charge costs for our clients. We categorise all savings that we achieve by type and thought we would highlight a few types that we commonly see…

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Savings

Assure intervention secures £130,000 reduction in insurance premium

Our supermarket client occupies a large distribution centre under a single lease beginning in 1996.

The insurance premium increased to £359,000 following a 38% uplift in the Buildings Declared Value.
Our insurance team requested a copy of the Reinstatement Cost Assessment for further investigation…

Assure intervention secures £130,000 reduction in insurance premium Read More »

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