Rates and Rental Surveyors Ltd - 14 Long Lane, Barbican

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a Wine Bar and Premises in London. 14 Long Lane, Barbican, London, EC1A 9PN. Rates and Rental Surveyors Ltd agreed a reduction from £26,250– £25,500 with the Valuation Office. The reduction now means the following saving will apply excluding any transitional relief (*) or Small Business Rates Relief (*) given by the local authority.

Year/Rate	Before reduction	After reduction	Saving
2010 - 11 / 41.4%	£10,868	£10,557	£311
2011-12 / 43.3%	£11,366	£11,042	£325
2012-13 / 45.8%	£12,023	£11,679	£344
2013-14 / 47.1%	£12,364	£12,011	£353
2014-15 / 48.2%	£12,653	£12,291	£362
2015-16 /  49.3%	£12,941	£12,572	£370
2016-17  /  (average 50.4%)	£13,230	£12,852	£378
TOTAL	£85,444	£83,003	£2,441