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Local wellness centre cleans up business rates liability

Case study:

Wellness Centre | East Midlands

This wellness centre focus on providing products and solutions that help to lift mental wellbeing.

KEY
FACTS

5%
REDUCTION

BASED IN
EAST MIDLANDS

BACKDATED
SAVINGS

TO 1ST APRIL 2017

The Client

The wellness centre engaged with RVA Surveyors to see if a significant reduction could be made in their business rates liability. Reassured with our 85% success rate at CCA (Check, Challenge, Appeal), the wellness centre was happy to continue with the investigation into a significant reduction in their business rates.

The Solution

A surveyor promptly arrived to complete an on-site inspection. This allowed them to gather the necessary evidence from the property, as well as carry out extensive research into other comparable properties in the area.

During the inspection, it was discovered that a significant reduction in their business rates liability was possible, as some of the information held by the VOA (Valuation Office Agency) was inaccurate and therefore out-of-date.

The Outcome

With this evidence, RVA Surveyors submitted a Check (the first stage of the Check, Challenge, Appeal, process).

The VOA replied swiftly with a full acceptance of the proposed revisions. This 5% reduction meant that the RV (Rateable Value) went from £16,500 to £15,750, with backdated (to the 1st of April 2017) and forward savings (until at least the 31st of March 2023) being afforded to the restaurant.

Client Comment

“Excellent company. Professional and kind. They successfully reduced my business rates and saved my company hundreds of pounds. I am very satisfied.”

Wellness Centre – East Midlands | Retail February 23, 2023