Do you know what to do if a commercial property is empty? Do you still need to pay business rates? Do you know the rules? What is empty property rate relief?
If your property is empty, you do not have to pay business rates for three months but unfortunately after this time the full business rates will apply.
Who can get an empty property relief?
Buildings with a rateable value under £2,600
Charity properties (owned by charity and next use for charity purposes)
Industrial buildings (warehouses etc)
Community amateur sports club properties (next use for sports club)
If you are unsure whether your property is classified as an empty property or if you have any other questions about business rates, please contact Business Rates Advisors Ltd for fully professional help. Visit our website:
or call: 01225 667 747