Service Charge

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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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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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

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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Assure Recovers £46M in Service Charge & Insurance Costs in 2024

audits, budget, commercial property, energy costs, flexible office space, Insurance, Landlords Insurance Recharges, leisure, managed offices, News, Offices, retail, service charge, service charge caps, service charge liability, Service Charge Management Costs, Serviced Offices, shopping centre, tenants, webinar, works / By

As we welcome 2025, we take a moment to reflect on our achievements in 2024. We successfully saved our clients £46 million in service charge and insurance costs, managing service charges across over 18,000 properties with total liabilities of £694 million, spanning the UK, Europe and internationally.

Assure Recovers £46M in Service Charge & Insurance Costs in 2024 Read More »

Office Service Charges: £20M Saved in 2024 and What to Expect in 2025

audits, budget, commercial property, energy costs, flexible office space, leisure, managed offices, News, Offices, service charge, service charge caps, service charge liability, Service Charge Management Costs, tenants, works / By

The Office Team at Assure had another great year, saving £20m for our clients. Savings have arisen from a wide range of challenges, which have included identifying accounting errors and discrepancies and challenging budgeted expenditure and major works.

Office Service Charges: £20M Saved in 2024 and What to Expect in 2025 Read More »

£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

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.

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

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