The 2017 business rates revaluation – some answers

The 2017 business rates revaluation – some answers

Business rates come up for review every five years. This latest revaluation was meant for 2015, but was delayed for two years. The reason for this is not as clear as it should be. The government claims this delay was to try and even out the huge fluctuation in commercial property values in the preceding period. […]

A New Way of Doing Business

A New Way of Doing Business

If you are looking to sell a commercial property, manage its operation or even manage an entire portfolio then we have the experience and know how to make that happen. The same applies to business transfer; Disposing of, acquiring and valuing are all services we provide with over thirty years of knowledge and expertise. Better […]

Good News for Small Businesses?

Good News for Small Businesses?

The revaluation of business rates for 2017 was published on 30th September 2016. The government revalues business rates every 5 years or so with the last revaluation in 2010 being based upon rateable values on 1st April 2008. These revaluations take place to adjust for the fluctuations and changes in the property market and because […]

What Does The Value Of A Business Mean?

What Does The Value Of A Business Mean?

The first rule of valuation is what is being valued is only worth what a willing buyer is prepared to pay for it. That it easy then? Well no. Where this becomes an issue is that the vendor needs to agree to that valuation for a sale to happen. The value of a business complicates […]

The licensed trade ‘Market Rent Only’ (MRO) option

The licensed trade ‘Market Rent Only’ (MRO) option

On 21st July 2016 the long awaited Pubs Code came into effect. If you are not a tenant or lessee of a public house this will probably mean nothing to you. It is best for it to stay that way too as it is fiendishly complicated to understand. If you are a tenant or lessee […]