So far this year our International Team has saved over £2.7M in service charge costs from projects in Germany, Spain, France, Poland, Norway, the Netherlands, Belgium, Ireland, Czech, Italy, Australia, and the US, with further savings on the way…
Exploring Service Charges Outside of the UK Read More »
Control of occupancy costs has never been more important. Here we set our 10 Pre-Contact Lease Tips when signing up to a lease subject to a service charge…
10 Pre-Contract Lease Tips For Service Charge Read More »
We recently completed a benchmarking exercise as part of our Spotlight on Distribution Centres. This provided details on comparatives rates in £spf for service charge and insurance…
Returning to Distribution Centre Service Charges Read More »
Our supermarket client occupies a large distribution centre under a single lease beginning in 1996.
The insurance premium increased to £359,000 following a 38% uplift in the Buildings Declared Value.
Our insurance team requested a copy of the Reinstatement Cost Assessment for further investigation…
Assure intervention secures £130,000 reduction in insurance premium Read More »
First things first, when we are referring to an Audit, we mean a Certified or Chartered Accountants Audit. Their role is designed to protect the payers of the service charge, the Tenants. They should verify and certify expenditure by completing a full review and appropriate checks, providing the Tenant’s with the assurance that things have been handled properly…
Why have Service Charge Expenditure Audited – Is There a Better Way? Read More »
Our client occupies 49,000 sqft in a recently redeveloped office building of 69,000 sqft under a single lease beginning in 2017 for a term of twenty years.
The reconciled accounts for the service charge year ending 31 March 2019 were received, accompanied by a balancing demand of £368,000. Our client had received no prior notification from the managing agent regarding the size of the balancing demand..
Assure Achieves Over £91,000 in Savings for Office Occupier Read More »
