Shopping Centre – Assure Consulting

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

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

Retail/Leisure Service Charge Budgets in 2022

Leave a Comment / budget, commercial property, leisure, News, retail, service charge, shopping centre, tenants / By Secret Source

For us to understand what will happen to Service Charge budgets in 2022, we need to look back. In 2021 service charge budgets reduced by 9% for Shopping Centres and 4% for Retail/Leisure Parks. This was mainly due to the withdrawal of major works and reduced marketing throughout the lockdown periods. There was relatively little in the way of reduced manpower costs, despite Furlough, so that’s one to look out for as we await the final reconciled service charge accounts…

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