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.
The strict regulation of energy use by warehouse operators has now been implemented. First-class insulation is the key to improving a warehouse's energy efficiency. Furthermore, a rapid increase in the use of solar panels on the rooftops can be expected. It's estimated that a typical area of half a million square feet can accommodate enough solar panels for 2-3 megawatts of power generation.
However, have you left your business rates unchecked, failing to prevent unnecessary and wasteful expenses? As you consider installing solar panels on your warehouse roof, are you allowing your business rates bills to escalate uncontrollably?
For a free RICS-regulated survey of your premises, don't hesitate to contact Commercial Property Advisors (CPA). CPA's experienced team of surveyors will undertake all the necessary paperwork and technical data for a formal appeal to the VOA, provided you agree. CPA thus offers you a no-win, no-fee opportunity to shield your business from the financial impact of revaluation.
For further advice and assistance, reach out to CPA without delay.