Business Rates

[lukeh1101]

Hi, I feel I may be over-complicating things a little but hopefully someone may be able to assist me.

We currently rent one building (Building A), we are in the process of purchasing this building, and two others (Building B & C).
We are trying to see how much in rates we will eventually be paying. All buildings are within 1 enclosed site, however will run as independent buildings.
All are classed as Code 096 (factories/workshops and warehouses) and are outside of london.

Building A Value - £8400 (£25/Pms)
Building B Value - £16250 (£40/Pms)
Building C Value - £11250 (£43/Pms)

I cant see us being able to obtain any such relief but unsure if there is a way around this as it is looking to be a massive expense. We plan on expanding our business and would hope the government have something in place to encourage this (both other buildings are currently unoccupied and have been for around 2 years).

Due to the buildings being unoccupied and the lack of demand for such buildings in the area, we also believe the rateable value is strongly over estimated, are we within our right to request a review?

Thanks!

 

[ColinTheLongone]

You have every legal right to contest your assessment, as some assessments are either 'best guess estimates' or over - estimations. It may be worth having the units 'merged' as this will invariably result in a reduced RV but beware RV's are also based on square footage and usage and based on a fair and concurrent rental value for the property................it's a bit of a minefield too be honest but I'm happy to help if I can. You may be able to apply for a tone reductions if there are any units of comparable size locally with reduced prices per square metre