Sep 2, 2014
What is rating? This is a tax on the right to occupy commercial property. These rates may typically equate to almost half the annual rent on a commercial property. Clearly, your commercial property rating valuation will equate to a significant cost to your business.
By exploiting our unrivalled local knowledge, we are in a strong position to ensure you have the correct information to fully appreciate the rating valuation impact on your business. We work on behalf of our clients to reduce their rate liability and therefore make a tangible, positive impact to your business. If you are trying to find an office in London, our ratings expertise will be vital in ensuring you understand the complexities of rating valuation.
UK Government currently legislate that the next rating revaluation of all commercial properties will not take place until April 2017. Many tenants are aware of this future rating valuation date, however not always as aware of the necessity to understand the impact of the current April 2010 rateable values. At Stuart Neils, we are poised to support you on all aspects of rating.