A former solicitors office in Middlesborough was converted to a modern restaurant in 2019 and the rateable value was set at £18,000.
The tenant had taken occupation prior to the rating list entry. They were surprised by the new rateable value of £18,000. The property owner suggested they instruct Biz Rates to act on their behalf.
Following the check, the challenge was successful in reducing the rateable value to £11,750, below the small business rate threshold, meaning the tenant pays no business rates until the end of the 2017 rating list, giving an overall saving of £8,750 per year.