The acquisition of a relatively small portion of a large building can bring an equivalent proportion of a large service charge.
Service charges on large mid-to-late 20th century office buildings are often a significant part of a tenant’s overall occupancy costs. As well as staffing and cleaning costs, energy and maintenance liabilities can be substantial and sometimes unpredictable. It is therefore essential that tenants taking on a lease, even without any direct liability to repair the exterior, have a proper knowledge of the condition. They will, after all, have little control over how and when a landlord might choose to carry out works and so a proper survey is recommended.
1960’s office buildings have their own characteristics and problems to watch out for. In this case, Croyland Building Surveyors were alert to potential problems with reinforced concrete, asbestos and ageing plant installations.
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