Cost Challenge

One Off Costs
Moving in / setting up costs	Traditional lease	Needspace?
Rental guarantee / deposit	Subject to covenant strength	2 month licence fee
Fixtures and fittings	Tenant’s responsibilty	Provided by customer
Decoration	Variable	Painted and carpeted
Furniture	Tenant’s responsibilty	Provided by customer
Telephone line installation	Tenant’s responsibilty	Included in licence fee*
Internet line installation	Tenant’s responsibilty	Included in licence fee*
Internet line installation	Tenant’s responsibilty	Included in licence fee*
Network cabling	Tenant’s responsibilty	Included in licence fee*

Fees
Legal	Tenant’s responsibilty	Not required
Surveyors fees	Tenant’s responsibilty	Not required


Ongoing Monthly Charges
Property costs	Traditional lease	Needspace?
Rent / licence fee	Tenant’s responsibilty	Licence fee
Business rates	Tenant’s responsibilty	Included in licence fee
Service charge	Tenant’s responsibilty	Included in licence fee
Building Insurance	Landlord to recharge	Included in licence fee

Running costs
Gas	Tenant’s responsibilty	Included in licence fee*
Water	Tenant’s responsibilty	Included in licence fee
Electricity	Tenant’s responsibilty	Included in licence fee*
Telephone rental	Tenant’s responsibilty	Additional customer cost*
Internet charges	Tenant’s responsibilty	Additional customer cost*
Meeting room hire	Usually not available	Available at extra cost*
Cleaning of common parts	Service charge item	Included in licence fee
Repairs and maintenance	Tenant’s responsibilty for their unit	Included in licence fee

*Please note stated items are additional costs or subject to availability at City Business Centre, Horsham.