Outgoings are expenses incurred by the landlord in relation to the commercial property that are passed on to the tenant as part of the rental agreement. These expenses may include property taxes, building insurance, maintenance, utilities, and management fees.
Outgoings on commercial rental properties are an additional cost to the tenant on top of the base rent, so it’s important to factor this in when in the market for a commercial property for lease.
Learn more about the outgoings on commercial properties with our tenant’s guide, otherwise, get in touch with us for more information.