Case Studies

Morale Home Furnishings, Hillington

Acting on behalf of Morale Home Furnishings in Hillington, Glasgow, we provided detailed advice and negotiated the 2017 Revaluation Appeal which resulted in a significant saving of £120,000 in business rates.

Quiz Clothing at Silverburn Shopping Centre, Glasgow

After undertaking a detailed survey of the property and an analysis of rental information, we secured a reduction of the 2017 Revaluation figure from £230,000 to £160,000. This incurred an annual saving of circa £35,000 for our client.

Soccerworld, Dundee

By using our experience of the contractor’s valuation (cost valuation) we settled the 2017 Revaluation appeal from the issued figure of £110,000 to £89,000, saving the client a total of £35,000 on their business rates.

The McMillan, Pollokshaws Road, Glasgow

For the 2017 Revaluation, on behalf of The McMillan Bar & Chop House, we obtained a Rateable Value reduction of around 30% for the 2017 Revaluation. Through extensive negotiation with the Glasgow Assessor’s office and our in depth knowledge of the local licensed premises and restaurant market, we were able to demonstrate and prove that the Rateable Value (RV) which the rates bill is based on, should be reduced from £82,800 to £57,200.

Prior to 2017, the RV had been £54,500 so an increase in value to £82,800 would have seen the annual rates bill increase by some £15,000 a year or around £75,000 over the five year revaluation period to 2022. By appealing the proposed figure and negotiating a revised RV of £57,200, before any relief applied, this saved the client nearly £13,000 a year in rates payments, or £65,000 over five years. Not only will this minimise outgoings and improve cashflow, it will also have a positive impact on bottom line value of the business.

Stirling House & Blair Court, Clydebank

For the 2017 Revaluation, on behalf of Ascensos a call-handling centre operator, we obtained nearly 30% Rateable Value reductions over their various Assessments. Ascensos occupy two separate office locations in Clydebank Business Park, Stirling House and Unit 3-4 Blair Court.

Through extensive negotiation with the Dunbartonshire Assessor’s office, we were able to agree through negotiated settlement that the combined Rateable Value (RV) for Stirling House should be reduced from £142,000 to £104,000 and the aggregate RV for their interest at 3-4 Blair Court be reduced from £98,650 to £72,300. This showed RV reductions of around 25% and 30% respectively.

Over the five year revaluation cycle, this has led to rates savings of approaching of £100,000 for Stirling House and over £60,000 for Blair Court. This result highlights the importance of seeking professional advice for business rates matters and also how detailed local market knowledge can have a significant positive impact.