Leisure – Assure Consulting

New Client, Immediate Impact: Unlocking £20,000 per year in Service Charge Savings

audits, budget, commercial property, leisure, News, service charge, service charge liability, Service Charge Management Costs, shopping centre, tenants / By Lesley Fulton

Over the past 12 months, Assure has welcomed a growing number of occupiers, many transitioning from other service charge consultancy firms in search of greater transparency and expertise. One such client, occupies a restaurant unit in a bustling Manchester shopping centre, after an initial review we saved £12,000 per year

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£26M Saved for Retail and Leisure Occupiers: What’s Next in 2025

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

The Retail and Leisure team at Assure have had another outstanding year, saving our clients a remarkable £26 million. These savings stem from a variety of challenges, including identifying charging errors, scrutinising budget expenditures, and ensuring caps are correctly applied. Our team has meticulously examined the numbers and lease terms to uncover these savings.

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Navigating Uncertainties: Forecasting Service Charge Costs in 2024 and Beyond

audits, budget, commercial property, energy costs, flexible office space, leisure, managed offices, News, Offices, retail, service charge, service charge liability, Serviced Offices, shopping centre, tenants / By Lesley Fulton

In an ever-evolving economic landscape, the ability to anticipate future costs is fundamental for occupiers. The Assure team are already guiding clients through the process of forecasting for the year 2024, and there are going to be a multitude of factors influencing service charge costs in the coming year. What are going to be the main factors influencing next years’ service charge expenditure?

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Excessive Energy Costs Challenged Service Charges Reduced by £695,000

Miranda Toben, Associate, shares two recent case studies where we successfully challenged excessive budget increases relating to energy costs resulting in reductions totalling £695,000.

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Reduction in service charge inflation across the retail sector but not offices… why is that?

audits, budget, commercial property, Distribution Centres, energy costs, flexible office space, leisure, managed offices, News, Offices, retail, service charge, Serviced Offices, shopping centre, tenants, Warehouses / By Lesley Fulton

Since the publication of the Assure Index 2023 and following analysis of the latest quartley figures, we can report a reduction in the annual equivalent rate of service charge inflation across the retail sector but not offices… why is that?

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Energy forecasts prove to be excessive, but is this reflected in your budget?

What has become apparent is that some landlords and managing agents have over-budgeted for energy which could have resulted in budgets being set too high.

Energy forecasts prove to be excessive, but is this reflected in your budget? Read More »