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As rental values in the life sciences estate continue to rise, business rates will follow suit.

Time for a careful analysis, says Commercial Property Advisors (CPA).

Peter Foley is our resident guru here at CPA, and has been passionately following the shifting world of business rates for many years. With a keen political insight, Peter’s writing reveals how policy change is key to understanding your business rates further, and how this could translate into substantial savings. In his weekly column, Peter also outlines a desired path forward, with changes we’d like to see implemented for a fairer system on the nation's business rates.

Venture capital continues to pour funds into life sciences-related real estate, particularly within the thriving London-Oxford-Cambridge Golden Triangle. As a result, we can expect rateable values to soar as businesses ride the wave of optimism.

At Commercial Property Advisors (CPA), our team of business rates consultants firmly believes that the vitality of the life sciences industry relies on fair and realistic appraisals of these new properties, supported by data-driven assessments, before rates can be deemed acceptable.

Our approach is grounded in empirical evidence and led by experienced RICS-regulated surveyors who produce forensic analysis to support any formal challenges. Whether your venture is backed by venture capital or a major pharmaceutical player, the advantages for life sciences managers are evident: reduced annual rates bills and the potential for rebates.

CPA is dedicated to swiftly completing our investigations and closely monitoring the progress of reports to the Valuation Office Agency (VOA). We waste no time in making our challenges, as we share a vested interest in achieving a successful outcome for our clients. Our services operate on a no win no fee basis, ensuring that your interests are aligned with ours.

For expert advice and assistance, do not hesitate to contact CPA immediately. Together, we can navigate the complexities of business rates and secure a more favorable outcome for your organization.

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