Retail leasing FAQ6: How can I reduce my outgoings?
How can I reduce my outgoings?
- Outgoings can often be poorly managed & charged incorrectly so it's vital to ensure charges are accurate and issued in accordance with the legislation
- The cost incurred by the landlord related to the operation, maintenance and repair of the leased premises can be recovered from tenants on an apportioned percentage of the total NLA
- Reviewing annual outgoings ‘statements’ and ensuring you’re only being charged for what can legally be recovered can often result in savings for tenants