Cost reduction

Reducing property costs is important to both property investors and occupiers. Our cost reduction review identifies opportunities to reduce unnecessary property costs and increase efficiency, by:

  • Providing a comprehensive analysis of total portfolio costs and where you can reduce them
  • Reviewing all leases, including identifying any potentially restrictive clauses and covenants
  • Finding opportunities to reduce liability by letting or subletting
  • Recommending ways to minimise holding costs such as service charges and empty property rates
  • Prioritising assets for disposal
  • Phasing capital expenditure costs to smooth cash flow and recovery impact
  • Disposing of assets in a timely and tax efficient manner with minimal impact on your balance sheet

Find out more about our cost reduction services

Reducing costs across your property portfolio

There are many ways in which our teams reduce property costs.  Below are some examples of specific teams that are dedicated to reducing your costs:

Service charge cost consultancy

Service charges represent a significant real cost, in many cases running at well in excess of £10 per sq ft.  Our service charge cost consultancy service for occupiers ensures that service charges are cost competitive and consistent with lease covenants.  For investors, service charge cost consultancy can ensure value is being delivered, improving occupier satisfaction and reducing the risk profile of your property portfolio. Find out more about our service charge cost consultancy service

Construction cost consultancy

Our experienced team of construction cost consultants help to procure the most cost-effective solution for new build, refurbishment or fit-out projects, and ensure potential risks to the budget are identified and mitigated. Find out more about our construction cost consultancy service

Lease re-gears

Whether you’re an investor trying to protect your asset as an investment or an occupier looking to make substantial savings for your business, a lease re-gear could be a golden opportunity in a difficult market. Find out more about our lease re-gear service

Reducing business rates liabilities

With investors or occupiers, our objective is the same – to minimise your business rates liabilities at no risk. We outperform the industry – settling 57% of all appeals with a reduction against an industry average of 37%. Find out more about our business rates service

Unlocking value from your portfolio

We can help you use sale and leaseback agreements to release capital from your existing assets or to fund new properties for occupation. Sale and leasebacks remain an effective tool in both private and public sectors and are also used by many private equity firms to fund acquisitions through opco/propco structures. Find out more about our sale and leaseback service

Utilities procurement

Whether you’re a property owner or an occupier, utility charges are one of the largest costs facing your business. We have partnered with LSI, one of the UK’s leading utility brokers, to help our clients reduce the price they pay for energy. Find out more about our utilities procurement service

Hints and tips

Government funding - are you receiving your share?

Make sure you’re getting all the financial support you’re entitled to from the government.

Read our research: Government Funding – Are you receiving your share?

Restructure your lease to reduce costs

Are you making the most of the opportunities available to restructure your lease to reduce costs, mitigate contingent liabilities or negotiate occupational flexibility? Make sure you’re ahead of the game with our guide.

Download our guide to rent reviews and lease renewals – evolving tactics

Reduce your occupational costs

Want an easy way to reduce your occupational costs? Start by checking whether you could pay less in business rates.

Download our guide on how to optimise cashflow and get available tax reliefs

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