Gaining 100% Small Business Relief for Industrial Unit

Overview

Our client, the occupier of an industrial unit in Callington, instructed Vickery Holman to review their business rates assessment.

Situation

Our review of the business rates assessment found the rateable value to be excessive and not justified by the rent in the lease for the unit, nor by the available comparable evidence.

Solution

We carried out thorough comparable evidence research and submitted a Check to the Valuation Office Agency (VOA), followed by a Challenge.

Outcome

The outcome was the reduction of the rateable value from £14,750 to £12,000, meaning the client qualified for 100% small business rates relief and received a refund of circa £22,000.

Key Contact

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