Service charges in commercial leases – what you need to know

Navigating service charges in a commercial lease can be challenging—especially when faced with a lengthy schedule in a lease for a new shopping centre, a small lock-up unit, or an office space. However, most service charge provisions share key elements that, once understood, can make the process more manageable.

This webinar will guide you through those core elements, helping you identify what to look for and how to approach them effectively.

Additionally, with the increasing focus on climate change and energy performance (EPC/MEES), there is growing scrutiny over who bears the cost of related works or alterations. This webinar will also explore how these evolving considerations are impacting lease negotiations and responsibilities.

Topics covered include:

• The key sections of a service charge clause
• The services
• The proportion and future variations
• How is the amount assessed and rights to challenge amounts
• Concessions
• Car parks in the building/Centre
• MEES/EPC green lease improvements
• New build issues – latent defects
• Alterations – tenants and landlords