We believe the provision of good quality Business Rates advice to be invaluable in a challenging retail market where a tight control of costs is of paramount importance.

FHP work with shopping centres owners to ensure avenues are explored to minimise rates paid and provide accurate forecasting on future rate liabilities.

We offer a proactive and hands on approach, necessary when dealing with large multi let Centres which are ever changing and evolving. Our services include;

• Challenging Rateable Values
• Proactive empty rates strategy
• Rates demand auditing and validating service
• Reconciling discrepancies with Councils
• Bill auditing and managing payments
• Assisting with cash flow budgeting and producing monthly instalment spreadsheets
• Providing annual rates liability schedules
• Continual advice on all aspects of rating

In addition, we can also provide a service in which we handle all business rates payments to the Council and refunds received from the Council.

Benefits of using FHP to Manage your Business Rates

Our business rates team have been specialising in Shopping Centres for 20 years, working with clients nationally to minimise their Business Rates liabilities and improve the profitability of their centres.

We get to know our client centres inside out by regular communication, site visits and attending management meetings. This helps us to build an excellent relationship with the Centre Management team and gain an in-depth knowledge of the Shopping Centres we manage.

Since our instruction of a large Centre in the northwest 9 months ago, we have made savings of £450,000 during the first phase of redevelopment, by being proactive and delivering our specialist knowledge.

The senior members of our team have worked within either the Valuation Office Agency or at senior level within a Council – all specialising in Business Rates.

Some of the Shopping Centre we are working with

• Mander Centre, Wolverhampton
• Quedam Centre, Yeovil
• Vicarage Field, Barking
• Fishergate, Preston
• The Meadows, Chelmsford
• Harvey Centre, Harlow
• Charter Walk, Burnley
• Queens Arcade, Cardiff
• Union Square, Torquay
• Vicar Lane, Chesterfield
• Belvoir Centre, Coalville
• Broad Street Mall, Reading
• Middleton Shopping Centre, Middleton
• Kings Square, West Bromwich
• Old Square, Walsall

Who are FHP?

We are a firm of Chartered Surveyors, established in 1990 and have been providing property advice to some of the UK’s brightest and forward-thinking business owners, landlords, developers and businesses across the country in that time.

Our team is made up of chartered surveyors and members of the IRRV including former employees of the Valuation Office and local authorities who administered Business Rates billing collection reliefs.

Want to find out more?

For information on how we could help advise and manage the business rates liabilities at your Centre, please contact a member of our team.