The Challenge
Our client instructed us to review their property portfolio during the prior rating revaluations. Following our reviews we have been able to achieve considerable savings on their behalf.
The Solution
We surveyed the properties using our extensive knowledge of shops and premises. The valuation of cafes is more challenging due to potential for valuing on different bases and the different layout from a conventional shop.
The Result
Negotiations with Valuation Officers across the sites lead to reduction in their rateable values with total actual savings over a revaluation period of over £42,000.
Rateable Value Savings Summary
Value before
£193,000
Value after
£158,750
Saving
£42,420*
* Actual savings during revaluation as a result of rating list reductions
“Beattie’s have consistently performed in saving money off the rating assessments of our shops and we look forward to continuing results.”
Raj Ruia, Managing Director, Rhode Island Coffee
