Shops affected by building works – Eton Street, Richmond, Richmond upon Thames
businessrates.com reduce the Rateable Values on 6 shops in Eton Street, Richmond-upon-Thames for the effects of building works.
Savings over £14,000 RV
Delamarie Ltd, London
Vail Williams acted as the advisors to this firm based in London, helping them apply for small business rate relief
Saving of £3,000 RV
Jack Wills Ltd- Savings Back In Fashion, Bath
RV reduction of £168,000 to £166,000
Savings over £55,000 RV
Luncinda Ellery Ltd, London
RV reduced from £151,000 to £126,000
Savings over £7,600 RV
Anika News, London
RV reduced from £10,500 to £9,400
RV reduction of 13%
Parade of shops, Sunninghill, Berks
Rateable value reduction of 13% for all businesses along high street
£17,500 reduction in rates liability
The Pantiles, The Pantiles - Tunbridge Wells
National retailer occupying period retail premises, Rateable Value reduced by 15% for masking
You are aware of the Rateable Value that has been applied to your unit. The Valuation Office Agency (VOA) may also have sent you a copy of the Valuation in order to show how the rateable value has been arrived at. However, unless you are a surveyor or work in commercial property it can be difficult to understand.
Rateable Values for retail space is generally valued on a ‘zoning’ method. This is where the front area of the shop is deemed to be the most valuable, with the value decreasing towards the back of the retail area.
We can look at the way in which your shop has been zoned and the values applied. Shops can be very individual in terms of layout, levels, frontage etc, all of which can have an impact on the value.
Also we are all aware on how in one street some parts are busier than others with foot-flow changing depending on key retailers, banks and road lay-outs, all maters that can affect the value of particular retail units.
Additional appeals can be made where trade has been affected by external factors such as road or neighbouring building works, the closure or loss of car-parking or the opening of a new shopping centre.
Please contact or call us immediately and we can provide you with all of the advice that you will need.
“Vail Williams have acted on my behalf, successfully gaining reductions in my business rates for the past three Revaluations. They always let me know how my appeal is progressing and are quick to respond to any of my concerns. They have gained reductions for temporary building works as well as general reductions in my assessment. Their knowledge of Rating Valuation law is excellent and our Valuer at Vail Williams is very personable, I would recommend them to anyone”
Rod Hillier - Beken and Son Photographic Retail