1 & 2 The Nelson Centre, Portfield Road, Portsmouth
Detached Industrial Warehouse Units 11,200 - 29,989 sq. ft. (1,040-2,785m²)
4th FLOOR, ENTERPRISE HOUSE, OCEAN WAY, SOUTHAMPTON
Modern Offices to let - 5,121 sq. ft. (475.8 m²)
5 & 6 BOYATT WOOD INDUSTRIAL ESTATE, GOODWOOD ROAD, EASTLEIGH
Industrial warehouse unit to let 11,209 - 22,526 sq. ft. (1,042-2,094m²)
9 Trinity Court, Totton
Light Industrial/Warehouse Unit - 2,905 sq. ft. (269.93m²)
FIRST FLOOR, BAY HOUSE, COMPASS ROAD, PORTSMOUTH
Modern open plan offices to let - 5,518 sq. ft. (512.6 m²)
H & J FORT WALLINGTON, MILITARY ROAD, FAREHAM
Industrial/Warehouse unit with secure yard to let - 20,456 sq. ft. (1,901 m²)
8 FAREHAM INDUSTRIAL PARK, STANDARD WAY, FAREHAM
Mid-terrace industrial unit to let - 5,511 sq. ft. (512m²)
1-6 Totton Business Park, Southampton
Industrial/Warehouse/Trade Counter Units 4,000 - 31,430 sq. ft. (371 - 2,920 m²)
2016 Budget – Business Rates Ramifications
- Author: Andy Hellier
- Date: 1st January 1970
With the Business Rates Revaluation fast approaching, proposed changes to the appeal system and changes to Small Business Relief announced by the Chancellor in the Budget, there has never been a more important time to seek professional advice.
The Budget announced significant changes to the implementation of Small Business Relief. Whilst details have yet to be finalised, the Chancellor announced that the doubling of relief will become permanent and the existing threshold to qualify for 100% relief will increase from the current figure of £6,000 (Rateable Value) to a revised figure of £12,000, with tapered relief available up to a limit of £15,000.
The changes will become effective from 1st April 2017. He also announced that rateable values as high as £51,000 will benefit from the adoption of the lower uniform business rate multiplier, thereby increasing the current limit from a rateable value of £18,000. These changes will entitle thousands of additional small businesses to qualify for the relief.
The Government’s planned radical overhaul of the appeal process makes it more important than ever for businesses to seek advice from an experienced rating advisor from the outset. If you should require further advice, please do not hesitate to contact us.
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