News

12 June 2018

£158,000 Business Rates savings

SHW Professional have achieved significant savings for a Hampshire office building owner through appeals made against the 2010 and 2017 Rating List assessments. Paul Wade – Head of the Crawley Professional team – successfully argued to the Valuation Office Agency that Grosvenor House, a 57,000+ sq ft office building in Basingstoke was in need of such a high level of refurbishment that the building should be removed from rating, resulting in over £200,000 of savings in Rateable Value in both the 2010 and 2017 Rating Lists.



Paul said of the result: “Extensive research and technical negotiation with a variety of stakeholders was required in order to deliver a just and favourable result for the client. The Valuation Office Agency’s initial reluctance to accepting this appeal and the subsequent discussions leading to a successful outcome shows that professional expertise and perseverance does pay dividends, especially for this client who was delighted with the result.”

 

Contact:
Paul Wade

pwade@shw.co.uk

01293 441304


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