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. No. 7 & 8 Sanders Close Wellingborough Northants NN8 4HQ. Rates and Rental Surveyors Ltd agreed a reduction from £38,000– £31,000 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% £15,732 £12,834 £2,898
2011-12 / 43.3% £16,454 £13,423 £3,031
2012-13 / 45.8% £17,404 £14,198 £3,206
2013-14 / 47.1% £17,898 £14,601 £3,297
2014-15 / 48.2%     £18,316 £14,942 £3,374
2015-16 /  49.3%    £18,734 £15,283 £3,451
2016-17  /  (average 50.4%) £19,152 £15,624 £3,528
TOTAL £123,690 £100,905 £22,785

 

 

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