Business Rates are a significant cost for
businesses — our track record in saving clients money
speaks for itself!
Business rates are a tax on property that affect the majority of businesses and landlord’s in the UK and are becoming an increasingly political hot potato featuring in most Budgets, Autumn Statements and political manifestos.
There are however, ways to reduce your business rates. The FHP Business Rates Team have a strong track record of achieving exceptional business rate savings for a wide variety of clients across the UK.
Our expertise ranges from more traditional type premises such as:
- Shops and Shopping Centres
- Licensed Premises
to more diverse and specialist properties such as:
- Trent Bridge – Nottinghamshire County Cricket Club
- Nottingham Forest Football Club
- Fire Stations
When we are considering the avenues where we will be able to reduce the client’s business rates liability, we consider not only the traditional rating list appeals but also other areas such as:
- Material changes in circumstances
- Empty rate allowance
- Discretionary rate relief
Our fees are purely success related and based on savings achieved with our consistently strong performance, leading to the same clients continuing to use and recommend our services year on year.
For further information on how we could help you please contact one of the business rates team.
FHP act on behalf of Shopping Centre owners on a national scale, and through a combination of Compiled list appeals; MCC appeals; proactive empty rates strategy; bill auditing; and managing payments, we offer a proactive and hands on approach, necessary when dealing with large multi let Centres which are ever changing and evolving.
Over the past few years there has been a lot of Centre redevelopment and FHP can add value here too. Since our instruction of a large Centre in the northwest 9 months ago, we have made savings of £450,000 during the first phase of redevelopment, by being proactive and delivering our specialist knowledge.
FHP Shopping Centre Rating Team has national coverage and acts on the following schemes:
- Mander Centre, Wolverhampton
- Quedam Centre, Yeovil
- Vicarage Field, Barking
- Fishergate, Preston
- The Meadows, Chelmsford
- Harvey Centre, Harlow
- Charter Walk, Burnley
- Queens Arcade, Cardiff
- Union Square, Torquay
- Vicar Lane, Chesterfield
- Belvoir Centre, Coalville
- Broad Street Mall, Reading
- Middleton Shopping Centre, Middleton
- Vancouver Quarter, Kings Lynn
- Kings Square, West Bromwich
- Church Arcade, Bedford
- Hale Leys, Aylesbury
For information on how we could help reduce the rates liabilities at your Centre, please contact a member of our team.
We are trusted by clients across the country to handle their Business Rates affairs and here is a selection:
- Hillarys Blinds
- Nissan Motorparts
- RPS Group
- Sandicliffe Motor Group
- LaFarge Aggregates
- The Linney Group
- Benson Elliot Asset Management
- Addington Capital
- Staffordshire Fire & Rescue Service
- Derbyshire Fire & Rescue Service
Empty Property Rates
How does it work?
We have a tenant who will take occupation of the property on a short term basis which will trigger a holiday from paying business rates for up to 6 months when the tenant vacates.
• Reduce costs
• Minimal paperwork required
• No interference with marketing empty space
• 100% success rate
• Fees are success related only
Who are FHP?
We are a firm of Chartered Surveyors, established in 1990 and have been providing property advice to some of the UK’s brightest and forward thinking landlords, developers and businesses across the country in that time.
“Alastair Fearn has been not only particularly helpful in relation to my helping me with my Business Rate liabilities but he was always approachable, available and easy to deal with. I would be happy to recommend him.”
Paul Dixon, Universal Supplies Ltd.