Rates and Rental Surveyors Ltd – Factory in London

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a factory and premises in London. UNIT B GROVELANDS INDUSTRIAL ESTATE, COVENTRY ROAD, EXHALL, COVENTRY, CV7 9EY. Rates and Rental Surveyors Ltd agreed a reduction from £94,000– £84,500 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% £38,916 £34,983 £3,933
2011-12 / 43.3% £40,702 £36,589 £4,114
2012-13 / 45.8% £43,052 £38,701 £4,351
2013-14 / 47.1% £44,274 £39,800 £4,475
2014-15 / 48.2%     £45,308 £40,729 £4,579
2015-16 /  49.3%    £46,342 £41,659 £4,684
2016-17  /  (average 50.4%) £47,376 £42,588 £4,788
TOTAL £305,970 £275,048 £30,923
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