Storm Dennis Flooding Disruption

21 February 2020

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We are acutely aware of the enormous disruption resulting from the flooding as a result from Storm Dennis over the weekend of 14th to 18th February.

One factor to consider is your liability to business rates. We are lobbying the Welsh Government and Local Authorities for immediate relief from business rates for affected businesses.   The Welsh Government held a meeting with Local Authorities on 19th February.

 

We will continue to monitor the situation and will provide further update as soon as the Welsh Government announces any schemes of relief to alleviate the adverse financial impact of the floods to businesses.

 

In the meantime if you would like to discuss any aspect of your liability to business rates please contact us.

Cardiff Waterside is a significant property holding for Aviva Investors at almost 500,000 sq ft. Our experiences show the benefit of working with a regional specialist where occupational markets can be unlocked with a good team with excellent local contacts. Ben Bolton and his team have done this for us for many years and been fundamental to our success and a very low void rate in Cardiff.

Matthew Leach, Arriva Capital Waterside