Industrial Equipment Supplier reduces their business rates with RVA Surveyors
Case study:
Industrial Equipment Supplier | South West
Based in Gloucester, our client are specialists in the manufacturing and supply of materials handling equipment for a range of territories and industries with over 100 years of trading.
KEY
FACTS
2 MONTHS
ACHIEVED IN
£30,437
SAVINGS
WAREHOUSE
PROPERTY TYPE
The Client
Based in Gloucester, near Bristol, our client are specialists in the manufacturing and supply of industrial equipment for a range of territories and industries with over 100 years of trading.
The Problem
Taking occupation in February 2024, it was found that our client had been paying business rates not just for their premises, but for another that was owned by an entirely separate business totalling £108,000.
A previous business had occupied both units, with the landlord letting them out individually once they had vacated without informing the Valuation Office Agency (VOA). Because of this, only one business rates bill was issued with the total rates for both properties.
Before appointing RVA Surveyors to review their business rates, our client first asked a representative of the local council to visit and clearly explained their issue. Though told this situation would be handled, no action was taken by the council to split the two premises. This meant our client continued to pay for both properties.
The Solution
To resolve the issue, a detailed inspection was carried out by one of our expert surveyors. Documentation such as photographic evidence, floor plans and lease agreement were included to prove that our client was only occupying one of the sites.
A Check was then submitted to the VOA requesting a formal split. The goal for this check was to ensure that our client only paid for their property, and for the occupier of the subsequent unit to receive a business rates bill for their areas.
The Outcome
RVA Surveyors was successful in its submission on behalf of the client, ensuring the split of the properties and that liabilities were rectified. As a result of this, our client’s business rate liability was corrected with a saving of almost £30,500 backdated to the start of their occupation.
The success of this Check means that our client business rates bill now truthfully reflects the property they occupy and delivered considerable backdated and future savings.
