Our Commercial Department at Apple Property Solutions offers consultancy and services in buying, selling and leasing commercial properties including offices, shops, industrial units and warehouses in West Midlands.
We also provide a full commercial property management service to include rent collection, repairs, maintenance and all other related matters.
Business rates in the UK are a tax on the right to occupy commercial property and typically equate to approximately 45% of annual rent. As such, they represent one of the largest overheads for businesses and substantially impact on profitability.
Business rates are calculated by multiplying the ‘rateable value’ of a property by the uniform business rate (UBR). The ‘rateable value’ is the Valuation Office’s estimate of a property’s market rent at a set valuation date.