commerical occupier

Service Charge Review Leads to £35,000+ Savings for Retail Park Tenants

audits, budget, commercial property, energy costs, retail, service charge, service charge liability, Service Charge Management Costs, tenants / By

As part of our onboarding process, we work with new clients to quickly identify any pressing issues across their portfolios. One national retailer highlighted a retail park in Derbyshire where there were unusually high service charge costs. We challenged the budgeted costs and following negotiations with the Landlord, our team secured savings of over £35,000…

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Smarter Workspaces, Higher Costs? Navigating Service Charges in Modern Buildings

audits, budget, commercial property, energy costs, retail, service charge, service charge liability, Service Charge Management Costs, tenants / By

As the world becomes more connected, our buildings are getting smarter too. Smart buildings use cutting-edge technology to create more efficient, comfortable, and sustainable environments – especially in the workplace. However, this innovation comes at a cost, that some Landlords’ may seek to recover via the service charge…

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Eliminating Double Charging for Significant Savings

audits, budget, commercial property, energy costs, News, retail, service charge, service charge liability, Service Charge Management Costs, tenants, Uncategorized, works / By

This month has been dubbed ‘Awful April’ because a raft of everyday household bills are increasing. This is also true for commercial occupiers. We recently tackled a critical issue of utility double charging for a supermarket client. Our team identified that the managing agent was recharging demised electricity through both the service charge budget and as a direct charge…

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