Covid 19 - Business Rates Update 27th March 2020

27 March 2020

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We have circulated a number of updates highlighting help currently available to business through the Expanded Retail Discount Scheme, Grant Funding Schemes and existing empty property rate legislation.

Andrew West’s update on 24th March stressed the importance of contacting your billing authority to claim empty property rate relief on properties vacated as a result of government guidance on safe home working.

We are however aware that there is some inconsistency in the approach currently being adopted by billing authorities throughout the UK on this. If you are experiencing any difficulties in securing rate relief please do not hesitate to contact one of our business rates team.

Contact details for our team can be found here.

All updates issued to date can also be found on our website news page.

Kind regards

Jane Shankland
Director – Business Rates

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I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin