GIA

Navigating Service Charge Complexities: How We Help Protect Our Clients

audits, budget, commercial property, leisure, retail, service charge, service charge caps, service charge liability, Service Charge Management Costs, shopping centre, tenants / By

When clients are dealing with lease renewals or negotiations, we are often asked to provide advice to assist in navigating service charge complexities and avoid potential pitfalls. We recently supported a client with valuable pre-contract advice as they prepared to renew the lease on their store in a regional shopping centre.

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Apportionment Issue Resolved After Change of Managing Agent

audits, budget, commercial property, leisure, News, retail, service charge, service charge caps, service charge liability, shopping centre, tenants / By

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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