Challenge

To protect and monitor a newly acquired property with ancillary buildings situated on half an acre of land The location was at high risk of squatting The property was vulnerable to trespassers and fly-tippers Premises were likely to be vacant for 2 years Empty rates liability of £125,000 p.a. after three month relief period had expired

Response

Property guardians and CCTV monitoring solution recommended Identified potential to carry out Rates Saving exercise to remove the property from the Non Domestic Rating list and place it into Council Tax whilst guardians in occupation

Action

Property prepared for Guardians to be placed across the site

CCTV installed to record activity around the property

Rates saving process completed directly with the VOA resulting in a reduction in Owner’s liability by 98%

Results

The property was secured with guardians in occupation

Business rates saving was achieved in excess of £150,000

Client is progressing with consultations and planning application