Office
A recent study conducted by Remit Consulting found that nearly 60% of respondents would consider leaving their job if full time return to the office was mandated, a recent Deliotte study found that this number rose to around 75% for young people. Hybrid working is here to stay; creating a quality over quantity approach where potentially smaller space is required but that space must be attractive and more enticing to employees. This has been reflected in cost, with office space rent increasing in line with the quality.
The increased rental prices have consequently been applied to the office sector as a whole in the 2023 revaluation, which saw the rateable value of office properties rise on average by 10.2%.
Holloway Bond are specialists finding precedent to lower the price per m2 of office space as well as identifying ways to reconstitute your business rates valuation to reduce your costs.
Our expertise extends beyond tenants too, we have advised large serviced office providers and undertaken work for landlords looking to reduce costs for themselves and their tenants.
Please see below for examples of people and businesses in your sector that we’ve helped:
Recent Cases
Max Publishing Limited
"Holloway Bond, owned and managed by a team of expert advisors, recently helped me with a complex case pertaining to commercial property rates.
Throughout this entire process, the team translated complex governance into simple terms for me. I was kept regularly informed with exemplary communication.
A real, true lesson that sometimes it's good to trust people when they say 'leave it to us, we'll sort it'."
Watermoor Point
"I recently sought advice regarding business rates, and I must say, the level of service I received was nothing short of exceptional.
The advice I received was comprehensive and extremely helpful. Tom and Ella were knowledgeable, friendly, and patiently answered all my questions. I was impressed by their in-depth understanding and their ability to quickly unpick such a nuanced listing."
Just Trade (UK) Ltd
"Both Ella and Tom at Holloway Bond have been really clear in explaining what they can do to help us with getting our business rates changed and getting a refund. They explained each step and kept me in the loop with the process. They successfully managed achieve a win for us, which we are delighted about. This is process has been easy and simple with Holloway Bond, I 100% recommend them!"
Our team of experienced advisors are happy to answer any questions you have and give best-practice advice and guidance. Contact us to arrange a consultation.