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Summary Accounts Corporate Recovery

Types of Property Audit

£75 million recovered in 8 years

With our extensive knowledge of legislation and case law we are able to effectively challenge and recover forgotten monies by forensically examining all areas of property outgoings

Service Charge

- Correct amount paid
- Correct year end
- Lease Provision
- Management fee
- Credit notes
- Recoveries from sub-tenant

 

Rates

- Correct hereditament
- Correct rateable values
- Correct calculation of phasing
- Interest and Tax Credits

 

Rent

- Correct amount paid
- Correct period
- Rent free period
- Duplicate payments
- Concessions/premiums
- Rental deposits
- Rent Phasing
- Recovery from sub-tenant

 

Insurance

- Correct period
- Lease provisions
- Credits if change in landlord
- Recovery from sub-tenant

 

Other Areas

- Water rates
- Utilities
- Repairs and maintenance
- Break clauses
- VAT

   
 
Case Study

La Senza

One of our clients had undertook an extensive refit programme but had not notified the Local Authorities that their sites were closed for a temporary period. Using our knowledge of statute we were able to secure exemptions for the periods of non-trade.

 
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