Case Study

Business Rate Mitigation

Business Rate Mitigation

Background Our client came to us with a large office block located in Cheltenham, the property was up for demolition and redevelopment, but was going to be left vacant for a minimum of 6 to 12 months. In addition to being vulnerable to the risk of squatters, vandalism and maintenance issues, our client was paying a total of £90,000 per year, or £7500 per month in business rates. Act ivit y DEX went in and put together plans for fitting showers and kitchens within the property, decorating and making it habitable for residential use, at no cost to the owner. During the 10 working days required to bring the property to a habitable standard, one of DEX? s Guardian Managers, lined up potential Guardians and let them view the property to create the interest. The whole office block

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