Business Rate Support - Empty Properties

21 April 2020
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“Where a building becomes vacant as a result of the Covid-19 crisis, either voluntarily or because of statutory restriction, the occupier should make an application to their local authority for relief”

Andrew West talks about how an occupier can obtain business rates relief if their property is either fully or partially vacant.

The disposal of 120,000 square feet on the Heads of the Valleys Industrial Estate was a particularly satisfying task. The building had been rebuilt following fire damage, and Jeremy Symons and his team were successful in identifying a nearby purchaser looking to expand. The sale price, at £4,000,000, represented a record sale price for a property of this nature in the area, and with great tenacity and endeavour was completed in a timely fashion. An excellent result.

Richard Hayward, Richard Hayward Properties