Portrait Group

Retail & Hospitality

Retail and hospitality business rates are commercial property taxes applied to premises like shops, restaurants, hotels, and cafes. Effective management of these rates is vital for maintaining the financial health of businesses in these sectors.

Calculating business rates for retail and hospitality properties involves applying a specific multiplier to the property’s rateable value, assessed by the Valuation Office Agency (VOA). This assessment considers factors such as location, size, and rental value. With the 2023 reforms introducing the “Check, Challenge, Appeal” system, it has become essential for business owners to seek professional guidance to navigate and potentially reduce these rates. We specialise in providing tailored services for the retail and hospitality sectors, offering expert evaluations and managing the entire process to secure significant savings. Our goal is to alleviate the financial burden of business rates, ensuring your business remains financially viable and competitive.

We deploy local valuation experts who bring area-specific insights and proficiency, specifically tailored to retail and hospitality businesses. Our team has extensive experience across multiple assessment periods and types including Retail Relief and Small Business Rates Relief achieving significant reductions for various retail and hospitality properties.  Our success-based compensation model ensures fees are charged only on achieved savings, with no upfront costs. Our experts manage the entire tax reduction process, starting with a preliminary assessment or physical evaluation of the property to identify any overvaluation.

Contact a Project Coordinator