CDLH leisure and hospitality surveyors have successfully negotiated a substantial rates reduction for a Stirlingshire hotelier in advance of the new rates becoming payable. The rateable value for the hotel and restaurant was due to increase drastically from £48,500 to £93,000 from 1st April 2017. But Kevin Hunter from CDLH appealed on behalf of his client. He said, “The size of increase the operator faced was wholly unrealistic and simply not affordable. Through early negotiation and review with the Assessor we were able to successfully agree a revised and more appropriate 2017 Rateable Value for the premises. Instead of receiving a rates bill through the door on 1st April, which would have seen business rates increase by over 90%, the hotelier is now looking at a highly-welcomed reduction in his rateable value to £29,500. The rateable value is going to be 40% less than the current rateable value!”
If you would like further information on rateable value appeals form CDLH, please contact CDLH direct on 0141 331 0650 or visit www.cdlh.co.uk.