Commercial Property Management Fees
Commercial management is usually quoted as a percentage of rent collected, but the number that matters is the total of the management fee, the service charge management fee, and everything billed as an extra.
Get a written fee proposal
Send us the passing rent and tenant mix and we will quote the full cost, not a headline rate.
Typical UK market rates
| Charge | Typical basis | Typical range |
|---|---|---|
| Management fee | % of rent collected | 3% – 8% |
| Service charge management fee | % of service charge expenditure or per unit | 5% – 10% |
| Rent collection only | % of rent collected | 1.5% – 3% |
| Lease renewal / rent review | Fixed or % of new rent | Quoted per event |
| Project management of works | % of contract value | 5% – 12% |
Indicative UK ranges. Multi-let buildings sit at the upper end; a single-let FRI investment sits at the lower end because there is less to manage.
What should be included, and usually is not
- Rent demands, collection and arrears chasing up to the point of formal recovery
- Service charge budget, reconciliation and year-end certification
- Contractor procurement, site inspections and a documented PPM plan
- Insurance placement, reinstatement valuation review and claims handling
- Lease event diary: breaks, reviews, expiries, and rates mitigation on voids
How we quote
One written proposal that names the management fee, the service charge management fee, and every fee that could arise during the year. If it is not on the proposal we do not charge it.
Commission on insurance and on contractor works is disclosed in cash terms, not as a percentage buried in a schedule.
Frequently asked questions
Is the commercial management fee recoverable through the service charge?
The service charge management fee is normally recoverable where the lease allows it. The landlord's own asset management fee is not, and mixing the two is one of the most common causes of tenant challenge.
Is a fixed fee better than a percentage?
For a single-let or low-rent property a fixed fee is usually cheaper and more predictable. For multi-let buildings a percentage aligns cost with workload.
Do you charge for taking over from another agent?
No. Handover, records collection and the opening audit are part of the onboarding.