Rates and Rental Surveyors Ltd - WORKSHOP AT 1, VICTORY PARK, TRIDENT CLOSE

Rates and Rental Surveyors Ltd have secured a reduction in business Rateable Value of a warehouse and premises in London. WORKSHOP AT 1, VICTORY PARK, TRIDENT CLOSE, ROCHESTER, KENT, ME2 4EW AND OFFICES AT 1, VICTORY PARK, TRIDENT CLOSE, ROCHESTER, KENT, ME2 4EW. Rates and Rental Surveyors Ltd agreed a reduction from £15,100– £14,500 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%	£6,251	£6,003	£248
2011-12 / 43.3%	£6,538	£6,279	£260
2012-13 / 45.8%	£6,916	£6,641	£275
2013-14 / 47.1%	£7,112	£6,830	£283
2014-15 / 48.2%	£7,278	£6,989	£289
2015-16 /  49.3%	£7,444	£7,149	£296
2016-17  /  (average 50.4%)	£7,610	£7,308	£302
TOTAL	£49,151	£47,198	£1,953