Tenant Recovery

We have developed our Tenant Recovery service to ensure that our clients maximise recoveries from their tenanted or sub-tenanted estate.

The potential recharges include rent, service charge, insurance, utilities, repairs & maintenance.  Many of our clients are recharging some of these costs but rarely all of them or to the fullest extent.  To ensure a full and fair recovery, we audit and record the sums that are recoverable under the lease terms and agree how the charges are to be levied and for what period.

We see this as an increasing opportunity as occupiers look to rationalise their estates, leaving them with lease liabilities extending beyond their operational use of the space. If correctly managed, the lease liabilities can be recharged, maximising the recovery.

Assure Consulting is regulated by the Royal Institution of Chartered Surveyors (RICS) and holds all client money in accordance with RICS Professional Standards.  A full version of our policy can be provided on request to any party that reasonably requires a copy.

To find out more and to look through some case studies, please review our Tenant Recovery eBook.  This can be downloaded from the link below.

To discuss your requirements in more detail, please contact Lee Mason, Managing Director of Assure Consulting on 01234 817240 or email lee.mason@assure-consulting.com

Tenant Recovery eBook

RESOURCES

To find out more and to look through some case studies, please review our Tenant & Sub Tenant Recovery eBook

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Our Services

Our Key Offerings:

  • Portfolio Management
  • Individual Cases
  • Pre Contract Advice
  • Financial Planning
  • Dispute Resolution
  • Document & Data Management
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Our Key Offerings:

  • Portfolio Management
  • Premium Evaluation
  • Reinstatement Cost Appraisal
  • Lease Analysis
  • Counter Quotes
  • Document & Data Management
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Our Key Offerings:

  • Portfolio Management
  • Individual Cases
  • Recovery of Lease Costs
  • Support to Inhouse Team
  • External Recovery
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Our Key Offerings:

  • Agreed Scope of Work
  • Portfolio Audit
  • Financial Analysis
  • Lease Appraisal
  • Identify Opportunities
  • Secure Refunds & Overpayments
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Our Key Offerings:

  • Verivi Database for Lease Liabilities
  • Access to clear folder structure & data
  • Regular reporting
  • Client Portal for 24/7 Access
  • Savings across all Lease Expense categories
  • Financial and Payment Information
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OUR BLOG

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? The electricity cost that may be more ‘visible’ to you will be what you use within your own space. This will be electricity consumed by…

Double or Triple Charging for Exceptional

With deferral & subsequent carrying forward of postponed works coupled with delays in certifying service charge there are instances where service charges levied on-account can effectively mean charges for the same work on numerous occasions until reconciled. Service charge budgets and reconciled accounts are not being issued in line with the timescales set out in…