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Implementation of Service Charge Collection and Administration on an Industrial Estate in Milton Keynes | Kirkby & Diamond

Implementation administration of service charge

Published on Monday, 01 January 0001

Crawley Crossing is situated on junction 13 of the M1.  Kirkby & Diamond were instructed by W.Lamb Limited to produce a site layout drawing and measure footprint of eight industrial units and a truck stop site that share common roads and landscaping.
  

The site layout plan was produced for the purpose of calculating a fair and reasonable service charge apportionment matrix based on the various tenancies included on the estate with a weighting adjustment to take into account the wear and tear on the common roadways caused by the truck stop traffic.
 

A draft service charge budget to provide for site landscaping, estate signage, road maintenance and a long term reserve fund was produced for the client to consult with their tenants and implement a proper plan going forward for the repair and maintenance of the industrial estate.

For more information on this project and any other matters relating to Commercial Property Management nationwide, please contact Irene Dymond, Head of Property Management on 01234 905132 or email irene.dymond@kirkbydiamond.co.uk