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.

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