After every tenancy termination you are entitled to a zero rated exemption period of between 3 and 6 months. R&R Group can continually manage short term leases on your behalf, thereby continually triggering the rate free period.
After assessing a copy of your latest business rates, we issue a license and also project manage between both landlord and tenant. You just need to sign and return the license ready for us to exchange with the tenant.
We notify the Rating Authority that the tenant is liable for payment of the business rates for the property. Access to the premises is required for the duration of the license, or at the start and the end of the period.
At termination we notify the Rating Authority of reversion to you, the tenant receives their final rates bill and we administer immediate settlement.
After the tenant’s termination you will enter into a new 6 month ZERO RATES PAYABLE exemption period. Our fee is 30% of the rates that would have been applicable for the rate free period.
This process is completely legal, and can be repeated indefinitely, meaning you can save 70% on your empty property business rates for as long as you are liable to pay them! Contact us today.
Are you a business owner burdened by the costs of empty properties? R&R Group is your strategic partner in reducing business rates and maximising your savings. With our expert knowledge and nationwide coverage in the UK, we specialise in triggering zero-rate periods for both industrial and commercial properties, helping businesses like yours thrive.
Whether your intentions are to let, less or demolish the property, or even if you just want to leave it empty, we could potentially save you up to 70% on your empty property business rates by providing you with short-term tenants and resetting the rates void period on your commercial property.
