Rates and Rental Surveyors Ltd – 45a THE AVENUE, MINEHEAD

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a shop and premises in London. 45,45a THE AVENUE, MINEHEAD, SOMERSET, TA24 5BB. Rates and Rental Surveyors Ltd agreed a reduction from £22,250– £21,500 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% £9,212 £8,901 £311
2011-12 / 43.3% £9,634 £9,310 £325
2012-13 / 45.8% £10,191 £9,847 £344
2013-14 / 47.1% £10,480 £10,127 £353
2014-15 / 48.2%     £10,725 £10,363 £362
2015-16 /  49.3%    £10,969 £10,600 £370
2016-17  /  (average 50.4%) £11,214 £10,836 £378
TOTAL £72,424 £69,983 £2,441

 

 

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