Empty Rates is a complex branch of Business Rates with ever evolving caselaw. We have over 20 years experience dealing with the intricacies of this complex branch of business rates, dealing with issues ranging from long term problem properties to obsolete buildings and minimising the impact of failed rates mitigation schemes. The empty rates industry has a wide array of inventive ways to minimise and mitigate liability, all of which are coming under increasing scrutiny from Billing Authorities. We provide effective, tailored empty rates solutions for both portfolios and individual properties, that maximise the chances for success and minimise risk of retrospective failure.
We don’t operate a one size fits all solution – we provide expert advice tailored to your specific circumstances.
We developed our own in-house business rates management platform to deal with the effective management of tenant movements and empty rates mitigation strategies across a diverse range of property portfolios. Managing tenant changes, calculating correct liability and employing effective, low risk mitigation is an essential part of modern property management that is often overlooked and not catered for mainstream property management platforms. We simply take the burden away and provide an effective strategy with comprehensive reporting capabilities.
Our experience managing business rates changes across multi-let portfolios has flagged the issues caused by ineffective management. Having spent considerable time unravelling issues for clients on newly acquired portfolio’s we now provide a pre acquisition due diligence service to identify the rating headaches that will be inherited on completion, providing the ability to plan for the fixes and allow them to be reflected in the purchase price. Don’t inherit headaches.
We have access to exceptional occupier data and use this to target occupiers for vacant space across our clients vacant portfolio. This is a unique approach, only made possible by our bespoke ‘Core’ data platform.
Substatial office incorrectly reassessed by the VO after refurbishment. Retrospective deletion removed over 5 years of historic rates liability, plus ongoing savings.
Removed from the rating list at the start of redevelopment process and reassessment delayed until re-let by challenging multiple Completion Notices
Withdrawal of historic Completion Notice following acceptance of ‘out of time’ appeal. Liability removed until let.