case
studies
Stevenage Office Building
- 1
2 3
4 5
6
HM
Revenue & Customs – occupied
6 floors within 14 storey building.
Recovery
of over £130,000 going back
to 2000.
Service Charges
Recovery Group findings:
- Improvements
wrongly put through the service
charge
- Works carried
out and costs for demised areas
were put through the service charge,
rather than a direct charge to other
tenants or landlords liability for
the vacant space
- Incorrect
management fee
- Inaccurate
percentages used for the schedules
 After
extensive negotiations, Service Charges
Recovery Group recovered over £130,000
for this property that would otherwise
remained unrecovered. This specialised
service has proved invaluable to our
business
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Horley
Office Building
Abbey
National – part of 1 floor in
4 storey building
Recovery
of over £36,000 going back to
1998.
Service
Charges Recovery Group findings:
- Wrong percentage
used for the client’s demise.
The service charge was recalculated
using correct percentage.
If
it wasn’t for Service Charges
Recovery Group’s analysis of
the service charge and the lease we
would not have realised that we were
being charged the wrong percentage
on our service charge. Not only did
they recover a large sum going back
6 years but also reduced our ongoing
liability |
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North
West London Office Building
Two firms of
Chartered Accountants – several
suites in 2 storey building.
Recovery of £8,500
Service Charges
Recovery Group findings:
- Incorrect
percentage used for management fees
- Costs put
through that were the landlords’
liability
- Ongoing
reduction of 15% per annum compared
to original costs demanded
I
have known Graham for 9 years. At
all times I have found him to be reliable
and dependable. He deals with all
aspects of my property business and
I would have no qualms in recommending
him to anyone |
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Wolverhampton
Retail Unit
Shopacheck –
ground floor double retail unit under
an office building. Recovery of £9,750
going back to 2001
Service Charges
Recovery Group findings:
- CCTV installation
and ongoing maintenance by landlord
not recoverable
- Management
and associated fees too high
- Repairs
to plant and equipment not serving
ground floor
- Ongoing
reduction of service charges by
70%
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Blackburn
Office Building
Welcome Finance
– ground floor office unit within
office building. Recovery of £22,000
going back to 2003
Service Charges
Recovery Group findings:
- Removal
of lift costs as occupy ground floor
only
- Service
charge statements not certified
for 4 years and forced landlord
to reconcile these
Service
Charges Recovery Group have negotiated
savings for the business, recovered
money on our behalf that we thought
was lost and did not cost us anything
in the process. By outsourcing this
process it has freed up valuable time
from our own in-house staff |
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North
London Restaurant
Local restaurant
– lock up unit within a parade
with residential block above. Recovery
of £1,000.
Service Charges
Recovery Group findings:
- Minimal
liability under lease for service
charges
- Landlord
incorrectly put through charges
that tenant was not
liable for
Thank
you for reducing our service charge
liability. We do not possess the skills
needed for this and are grateful for
your unique company to deal with such
matters |
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