Rates and Rental Surveyors Ltd – Warehouse in London

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a warehouse and premises in London. 4, QUATRO PARK, PAYCOCKE ROAD, BASILDON, ESSEX, SS14 3HH. Rates and Rental Surveyors Ltd agreed a reduction from £70,000– £62,000 with the Valuation Office. The reduction now means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate Before reduction After reduction Saving
2010 – 11 / 41.4% £28,980 £25,668 £3,312
2011-12 / 43.3% £30,310 £26,846 £3,464
2012-13 / 45.8% £32,060 £28,396 £3,664
2013-14 / 47.1% £32,970 £29,202 £3,768
2014-15 / 48.2%     £33,740 £29,884 £3,856
2015-16 /  49.3%    £34,510 £30,566 £3,944
2016-17  /  (average 50.4%) £35,280 £31,248 £4,032
TOTAL £227,850 £201,810 £26,040
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