Commercial Service Charge
Contact UsA commercial service charge is a charge to the tenants of a commercial building for the delivery or supply of services to that building.
Typically, these services include:
Building repairs
Maintenance services such as cleaning, heating, lighting, refuse collection and security
Staffing costs including property management fees and
Insurance costs
These are costs that are incurred by the building landlord which are recovered from tenants through the commercial service charge. They are an essential part of the smooth running of the commercial property and the tenants’ businesses. A lease agreement between the landlord and the tenant is a crucial document that has clauses that govern the operation of the service charge mechanism, and the legal basis for cost recovery.
How can Paramount Help?
PBEM understand that service charges can be complex and sometimes confusing.
However, at Paramount, we ensure that we manage your money effectively. Common sense and initiative are important qualities in our approach. We look after your money carefully and try and anticipate problems with your commercial property so that don’t become a significant issue further down the line. The result of this? Peace of mind for our Landlord and Property Owners that the fabric of the building and communal areas are properly looked after.
The commercial service charge will need to be credible and commensurate to the size of the building and any issues that might be associated with its maintenance. We have a reliable bank of cost-effective dependable contractors to undertake maintenance and repair work.
We ensure that service charge funds are held in separate bank accounts that are interest-bearing. They are monitored and verified annually by an accountant, providing stakeholders with reassurance that their money is in good hands.
We pride ourselves with our highly responsive communication, and a hassle-free service taking you away from the frustrations that come with working with some commercial service charge agents.
We are a Chester based company and operate across Cheshire, North Wales, Shropshire, and Wirral.
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Call us for more info on
01244 565900
0151 332 5900
01743 293000