Rates and Rental Surveyors Ltd – Sports Centre

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Sports Centre and Premises in London. Gnd Floor, 1 Brenchley House, Week Street, Maidstone, Kent ME14 1RF. Rates and Rental Surveyors Ltd agreed a reduction from £37,250– £33,750 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% £15,422 £13,973 £1,449
2011-12 / 43.3% £16,129 £14,614 £1,516
2012-13 / 45.8% £17,061 £15,458 £1,603
2013-14 / 47.1% £17,545 £15,896 £1,649
2014-15 / 48.2%     £17,955 £16,268 £1,687
2015-16 /  49.3%    £18,364 £16,639 £1,726
2016-17  /  (average 50.4%) £18,774 £17,010 £1,764
TOTAL £121,249 £109,856 £11,393
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