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Hospitality businesses should check their business rates, 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.

Hospitality firms are a vital pillar of our country's economy, employing millions of people. However, the current challenges they face are causing a decline in business confidence, making it even more crucial to find solutions that protect jobs and investments.

Commercial Property Advisors (CPA) understands the value of these businesses and offers a compelling alternative to layoffs and reduced investments. Our nationwide specialist consultancy is dedicated to reducing non-domestic rates and helping hospitality firms thrive.

Through a free RICS-regulated survey of rateable value, we provide an in-depth analysis that includes detailed inspections and the use of advanced data on comparator sites, if necessary for a formal challenge. We are confident in our ability to secure speedy and substantial savings, including favorable revaluations and rebates of past overpayments. Our no win no fee policy reflects our commitment to achieving results.

Now more than ever, as we approach the festive season, it is important to create an environment of warmth, cheer, and celebration. Let us lighten your burdens by reaching out to CPA for further assistance and expert advice. With only 50% of hospitality enterprises currently reporting a profit, entrusting us to reduce your rates bill permanently can make a significant difference to your bottom line.

Navigating the complexities of business rates can be a daunting task, especially with recent changes in the landscape. It's intriguing how these changes can have such diverse effects on businesses, with some sectors thriving while others face challenges.

At the heart of it all, the Government aims to maintain its revenue while adapting to the evolving business landscape. However, for those facing higher rates or struggling to meet new energy standards, there is hope. Commercial Property Advisors (CPA) offers a tailored and meticulously researched approach, led by our team of RICS-regulated surveyors who have a proven track record of success.

We have helped businesses across the nation achieve substantial revaluations, and we are ready to help you too. With CPA, there are no upfront costs—only a fair commission on successful challenges. Your business rates matter, and we are here to provide expert guidance and assistance every step of the way. Reach out to CPA today and let us help you navigate the changes and protect your business.

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