chartered surveyors - commercial property agents

Rating Information & Advice


The facts

Business rates remain one of the major outgoings facing occupiers (or owners) of commercial properties. A detailed understanding of complex rating legislation including all available exemptions, reliefs and case law, combined with market knowledge, is essential to minimise rate liability.

Scope may exist now to achieve savings and obtain refunds - see our track record below.


Our track record


Property Location Rateable value From - To (£) % Reducation Savings for 07/08 rate year (£) Est. savings over 5 yrs (£)
Factories &
warehouses
Derby 86,500 - 54,500 37% 8,332 41,000
Princ. Risborough 275,000 - 210,000 24% 28,860 128,000
High Wycombe 60,500 - 43,750 28% 7,437 36,500
Pinchbeck, Lincs 88,500 - 63,250 28% 11,211 48,000
Offices Marlow 88,000 - 50,000 43% 16,872 73,000
Maidenhead 300,000 - 233,000 22% 29,748 138,000
Milton Keynes 229,000 - 168,000 27% 27,084 116,000
High Wycombe 25,750 - 18,500 28% 3,219 14,000
Shops Ealing 43,750 - 23,500 46% 6,842 31,000
Amersham 60,500 - 38,750 36% 9,657 46,500
Marlow 23,500 - 17,750 24% 2,553 9,100
High Wycombe 8,500 - 5,600 34% 1,317 6,800
Hotel, York 150,000 - 134,000 11% 7,104 35,000
Gymnasium High Wycombe 28,000 - 19,750 29% 3,663 18,000
Surgery High Wycombe 16,750 - 11,250 33% 2,442 10,900
Golf Course Tring 63,000 - 45,000 28% 7,992 37,000


The questions

Has your Rateable Value been checked recently by a qualified rating surveyor?
Could it still be too high?

Have similar properties in the vicinity been reduced?

Does your property have two or more assessments?
A merger may be beneficial

Have your premises or the surroundings changed?
A temporary or permanent reduction might be due

Have you any vacant accommodation?
Empty relief or exemption may be available

Could your rate demand be incorrect?
Checks can reveal errors in the complex calculations Councils have to undertake

Should you qualify for Small Business Relief or Discretionary or Charitable Relief?

 

For further assistance, please contact peter@brownandmerrycommercial.com