Business rates can have a significant impact on the financial performance of commercial property, particularly when buildings become vacant, undergo refurbishment or form part of a wider redevelopment strategy. For landlords, investors and developers, understanding potential business rates liabilities should be considered as part of the management and appraisal of
For businesses occupying commercial property, rent is only one part of the true cost of occupation. Business rates can represent a significant additional expense and should be considered alongside rent, service charges, utilities, insurance and other property costs. Whether you are moving into a new office, warehouse or industrial unit;
If you own or occupy commercial property, one of the most important figures on your business rates assessment is your rateable value. But what does rateable value actually mean, how is it calculated and how does it affect the amount you pay in business rates? What Is Rateable Value? The rateable
