Where a building has several units, the costs of shared areas and services are split between them as a service charge. The lease says how it is shared.
This calculator splits a total service charge across the units by floor area, equal shares or the percentages in each lease, and shows each unit’s share.
| Total service charge | £24,000 a year |
|---|---|
| Unit 1 | 1,000 sq ft: £4,800 |
| Unit 2 | 1,500 sq ft: £7,200 |
| Unit 3 | 2,500 sq ft: £12,000 |
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As the lease says, usually by floor area, by fixed percentages or in equal shares. Floor area is common in commercial buildings.
Costs of shared parts and services set out in the lease, such as cleaning, lighting, repairs, insurance and management. Industry codes, such as the RICS professional statement for commercial property, set out good practice.
Yes. It comes in the Commercial Management Suite with 6 other management tools.
Education, not advice. Rules change and depend on your circumstances. Check GOV.UK and speak to a qualified adviser before you act.