Retailers: could re-designed floor space lead to lower business rates?

Changes in products and services on offer, together with the impact of online retailing, are likely to produce major store re-vamps, post-lockdown. 

This is not mere speculation, since surveys have identified considerable surplus floor space (up to 40%) in many stores.

Where imagination and innovation are allowed to flourish, these face-lifts will re-vitalise the appeal of shopping.

But could revised floor-space lead to lower business rates?

Commercial Property Advisors (CPA) welcomes the chance to examine re-designed businesses , with a view to making an appeal to the Valuation Authority for rates reductions and rebates. Its no win no fee service relieves firms of all worries, and even surveys are included, where necessary.

CPA looks forward to offering free consultation to businesses whose rates should more properly reflect today's trading conditions, and become less of a financial burden.

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