{"id":185293,"date":"2023-12-13T23:12:56","date_gmt":"2023-12-13T23:12:56","guid":{"rendered":"https:\/\/legalvision.co.uk\/?p=185293"},"modified":"2024-01-21T08:55:10","modified_gmt":"2024-01-21T08:55:10","slug":"property-service-charge","status":"publish","type":"post","link":"https:\/\/legalvision.co.uk\/commercial-lease-property\/property-service-charge\/","title":{"rendered":"What Might a Property Service Charge Include in a Commercial Lease?"},"content":{"rendered":"\n

When a business owner enters a commercial lease, paying rent is an obvious expense. However, rent may not necessarily be the only cost in a commercial lease. Lease agreements may detail other costs associated with the lease, such as commercial service charges. This article will explain what a property service charge might consist of in a lease.\u00a0<\/p>\n\n\n

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Cheatsheet for UK Leasing Terms<\/div>\n
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This cheatsheet includes practical tips to understand key clauses and avoid disputes in leasing agreements.<\/p>\n <\/div>\n \n\nDownload Now<\/a> <\/section>\n <\/div>\n\n\n\n\n

What is a Service Charge?<\/h2>\n\n\n\n

A service charge in a commercial lease<\/a> is a regular payment a tenant makes to cover any standard services a landlord might provide. It is an additional charge to the lease rent and protects the commercial landlord from the costs they incur in providing services.<\/p>\n\n\n\n

A service charge will generally exist in a commercial lease for business premises that are part of a larger property. For instance, a tenant might have a lease in a multi-let commercial building, such as one floor in a large office building, and use shared facilities, like lifts or a communal rooftop. As these spaces need looking after, a service charge from tenants assists the landlord in maintaining them.<\/p>\n\n\n\n

What Does a Service Charge Cover?<\/h2>\n\n\n\n

Service changes in a commercial lease can cover various areas. They are usually common or shared areas<\/a>, such as:<\/p>\n\n\n\n