Tips to reduce your property occupancy costs

By Trevor Dawson Chartered Surveyors

18 Oct 2018

property-occupancy-costs.jpg
In the current economic climate and ideally at any time during the economic cycle, cost mitigation is and should be a key concern for businesses.

All the costs associated to your property should be under constant scrutiny to keep expenditure to a minimum and ensure best value is achieved.

1. Make sure you get the best deal from the start

2. Don’t occupy more space than you need

3. Don’t pay more rent than you have to

4. Know your property valuation

5. Understand your landlord’s agenda

6. Is your rateable value correct?

7. Maintain your property in good repair

Having a Planned Maintenance Schedule can ensure you spend the minimum required to maintain your property in the condition required under the terms of your lease.

8. Understand your service charge

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