NATIONWIDE BUSINESS RATE SAVINGS ACHIEVED BY FHP

Professional Services News

Whilst FHP have a strong reputation within the East Midlands, it is not so well known that our Professional Services Team work successfully across the Country for a range of Landlords and Tenants. Most recently Alastair Fearn, Director within FHP’s Business Rates Team has successfully achieved business rate refunds for Cromwell Tools in three separate cities.

Business rate savings have been achieved for Cromwell Tools at their depots in Plymouth, Worcester and also in Warrington. This success shows that whilst being located in the East Midlands, FHP are able to operate successfully across the Country.

Of particular note was the reduction achieved for the company in Warrington. The company had relocated to a brand new depot elsewhere within Warrington but they still remained the rate payer at their old depot prior to the building being sold. The property was sold in early 2015, however as a result of the appeal placed, Alastair Fearn was still able to hold discussions with the Valuation Office post sale and ultimately achieved a refund for the company for business rates on a building they no longer owned!

Alastair Fearn commented:

“I was really pleased to achieve reductions for Cromwell Tools and believe that the geographical spread on savings shows that whatever the location I can adapt my skills and knowledge successfully. I still have around 30 appeals left in place for Cromwell Tools across the Country and will be aiming to achieve further savings for the company.”

To find out whether FHP could help you in relation to your business rates or indeed any leasing matters such as a rent review or lease renewal then please contact Alastair Fearn on alastair@fhp.co.uk or 0115 908 2100.