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.
Isn't it ironic how the latest warehouses boast groundbreaking technology for storage and despatch, yet often face a major expense in the form of business rates? Many of these rates are based on guesswork rather than accurate surveys, resulting in stubbornly high bills. At Commercial Property Advisors (CPA), we have found success in conducting forensic RICS-regulated surveys for new warehouse and industrial units. This enables us to make formal challenges based on hard data regarding internal physical features and comparator sites in the local area.
The Valuation Office Agency is sure to respond positively to arguments supported by concrete evidence. And here's the best part - we offer our investigation services free of charge to clients of all sizes and locations. With CPA, you have nothing to lose.
We believe in transparency, which is why we agree on results-based terms in advance with no hidden extras. If you have a large industrial or warehousing unit, we warmly welcome you to reach out for further information and assistance without delay. Let CPA help you navigate the complexities of business rates and save substantially in the process.