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.