A commercial lease or underlease of part of a building usually requires the tenant to pay a service charge. The service charge covers the cost of maintaining and repairing the building and its communal areas, such as corridors and toilet facilities.
The service charge for each tenant is usually calculated proportionately, so that a tenant who has double the floor space of another tenant will pay twice as much in service charge.
Our experienced commercial lease solicitors regularly provide both landlords and tenants with advice on service charges. We will explain to you what is and what is not covered by your service charge obligations, and will ensure that you have the maximum protection possible.
Unfortunately, service charges are one of the principal areas of dispute between landlords and tenants, and therefore it is advisable that you instruct a commercial solicitor capable of ensuring that your needs are protected when the service charge is calculated.
Call Business Lawyers Direct today on or contact us via our online enquiry form and one of our senior solicitors will be pleased to discuss your requirements.