Commercial property management

Every let commercial property needs someone running it day to day - rent collected, service charges reconciled, leases enforced, compliance kept current. That's a different job to deciding what to buy, sell or reposition, and at Maritime Capital it's handled by the same in-house team, not passed between separate providers.

Rent collected, service charges reconciled, leases enforced, compliance kept current - all handled by one in-house team, not passed between separate providers.

A different discipline to asset management

Commercial property management is the day-to-day operational running of a let commercial property or portfolio - collecting rent, reconciling service charges, managing leases, arranging insurance and keeping the building compliant. It's sometimes called commercial real estate management, and it's a different discipline to asset management, which sits above it and deals with the strategic decisions - whether to buy, sell, refinance or reposition the asset. At Maritime Capital, both are handled in-house, by the same team, as part of a boutique property house built around wealth guardianship: you remain firmly in control, while the operational load sits with us.

Family offices, private landlords and entrepreneurs holding UK commercial property who want the administrative burden handled without losing oversight of the asset. It suits owners who've recently sold a business and don't want day-to-day property administration alongside their other commitments, as much as it suits a family office managing a let estate across multiple tenancies. We typically engage with portfolios from £50m upwards.

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Commercial property service charge management

Getting the service charge right matters more than any other single line item in commercial property management – it's the part tenants scrutinise most closely, and the part that causes disputes when it's wrong. We reconcile service charges transparently, keep the accounting auditable, and separate variable running costs (energy, maintenance, security) from the core rent, which is also what makes a rent roll easier to finance. It's the same approach that helped unlock a £20m loan facility at Discovery Park in Kent, once all-inclusive rents were split into rent-only leases with their own service charge agreements.

Our commercial property management services include:

  • Occupational lease management - tenant management, rent reviews, breaks, rent deposits and dilapidations.
  • Rent, service charge and insurance collection - including reconciliation of the commercial property service charge across multi-let buildings.
  • Arrears and aged-debtor management.
  • Property, service charge and facilities management.
  • Building insurance.
  • Financial management and accounting, including service charge reconciliation and VAT.
  • Marketing of vacant units, and sustainability consultancy where relevant to the asset.

Property manager vs asset manager - what's the difference?

The two are often confused, but they're different jobs. A property manager handles the operational layer: rent collected on time, service charges reconciled accurately, leases enforced, the building kept compliant. An asset manager works at the strategic layer above it: deciding whether to buy, sell, refinance, reposition or redevelop, and how to grow the property's value over the time it's held.

Many owners end up with these two functions split across different providers, which is where things get missed – a lease event a property manager should have flagged to the asset manager, or a service charge inconsistency nobody with the full picture ever caught. Maritime Capital runs both in-house, under one team, which is also how we manage our own property asset management service.

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Recent commercial property management success stories

Our track record

Hands-on asset and property management that turns under-performing town-centre assets into profitable, well-let destinations.

Why choose Maritime as your commercial property management company

With more than 35 years of experience and over £1.25 billion in UK commercial property transactions behind us, here's what that looks like in practice:

  • Discovery Park, Kent - moved over 150 businesses from all-inclusive rents onto rent-only contracts with separate service charge agreements, producing the clean, accurate data that unlocked a £20m loan facility.
  • The Marlowes, Hemel Hempstead - identified an overlooked service-contract variation and reduced the service charge by £300,000 in the first three months of management.
  • Storage Box, Hersham - a rebrand, refit and new day-to-day management lifted occupancy from 63% to 91% ahead of sale.

Commercial Property Management FAQs

A quick overview of how commercial property management works with Maritime Capital - get in touch if you need more detail.

What does commercial property management include?

It covers the day-to-day operational running of a let commercial property: rent collection, service charge and insurance administration, lease management, arrears handling, facilities management and the underlying financial accounting, including VAT reconciliation.

What commercial property management services does Maritime Capital offer?

Occupational lease management, rent and service charge collection, arrears and aged-debtor management, facilities management, building insurance, financial management and accounting, and marketing of vacant units - all delivered in-house rather than outsourced.

What's the difference between a property manager and an asset manager?

A property manager handles the operational administration of a let property - rent, service charges, leases and compliance. An asset manager works at the strategic level above it - deciding whether to buy, sell, refinance or reposition the asset, and how to grow its value over time. Maritime Capital provides both, in-house.

How are commercial property management fees structured?

Fees are agreed individually for each engagement, based on the size and complexity of the portfolio rather than a flat percentage. As a boutique house working with portfolios from £50m upwards, we scope the fee to the actual scale of management required rather than applying a standard rate.

Do you manage service charges and VAT reconciliation?

Yes. Financial management and accounting - including service charge reconciliation and VAT - sits within our commercial property management service.

Do you handle rent collection and arrears?

Yes. Rent, service charge and insurance collection, along with arrears and aged-debtor management, are core parts of the service.

What size portfolio do you manage?

We typically engage with portfolios from £50m upwards, across UK commercial property.

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Ready to talk about your portfolio?

Get in touch to talk through hands-on commercial property management for your portfolio, or the strategic oversight of asset management alongside it.