Serviced Offices


Business Rates Savings of 100% – £300,000

The Client
The Glove Factory at Holt - Wiltshire 
This is a former Industrial building which had been refurbished over the years to form a high quality workspace for small entrepreneurial businesses. Projected rateable value £100,0000
The Instruction
Our instruction was to review the existing assessment and find ways of mitigating any increase as a result of the recent improvemsnts to the building. At that time, it was assessed as an old industrial building on a very low rateable value of just £9,000 but this we knew would soon change when the improvements were picked up with an estimate of a revised rateable value of at least £100,000 and a liability to the client of over £50,000 per annum.
The Result
Following our advice to split into small self contained units with each occupier qualifying for Small Business Rates relief, we successfully reduced our clients liability to zero saving him over £50,000 per annum.