Commercial Property Services
Working both with landlords and through managing agents Websters delivers service charge audits for commercial property holdings. These are mainly shopping centres, as well as mixed-use and multi-let properties.
Our clients choose to work with the Websters team because we specialise in service charge audits. We know the main issues that can arise within service charge accounting and will recognise them at an early stage. This attention to detail gives the best reassurance of accuracy and appropriate charging for all parties – tenant, landlord, and managing agent.
Our audit services include proactive advice for in-house accounts teams to enable them to improve their accounting methods including
- On site cash collection (such as car park revenues)
- Correct expenditure apportionment and spotting errors and omissions
- Preventing misallocation of spend between Landlord and service charge accounts
- Writing and updating the property management manual for the site
In addition to service charge audit services we also advise on
- Accounts preparation
- Accounting systems and software
- Automatic generation of journal adjustments
- Cash handling
- Checking head office against centre records
- Company secretarial services
- Head rent calculations
- Turnover rent audits
- Value for money audits
- Verifying cost apportionment
“Websters have been very helpful... very pro-active”
ASDA
“A high degree of professionalism”
Brent Cross
“A co-operative and understanding approach”
Brent Cross
“Websters understand our needs”
The Mall Corporation
“Websters' style is professional yet approachable”
The Mall Corporation
“Websters have genuine interest in the portfolios audited”
DTZ
“Each year we have confidence that Websters' audits will be completed in time”
DTZ
“We have enjoyed a good relationship with Websters for a number of years”
GVA Grimley
“I have no hesitation in recommending Websters”
GVA Grimley