Retail

Recent research from the British Retail Consortium found that 6,000 shops have closed for good in Britain in the past five years. Online shopping has syphoned away business from the town and city centres, proposed online sales taxes, aimed to create funding to support the High Street, have not been introduced. In the modern economy, reduced business rates and more manageable overheads can really be the difference between a business surviving or failing.

A permanent retail multiplier has been introduced to provide more clarity but analysis shows that due to significant rateable value increases within the retail sector, most business will be paying more now than ever before.

Holloway Bond are experts at assisting companies in the retail sector with their business rates. Whether you have a chain of restaurants or a single shop, we can ensure you are paying the lowest possible rate.

Please see below for examples of people and businesses in your sector that we’ve helped:

Recent Cases

Jesse Smith & W.J. Castle Butchers

"I would highly recommend Holloway Bond to any local businesses looking for advice and assistance with business rates."

L&B Fans

"Great result with refunds and reduced future rates. I had my doubts, I asked numerous questions incase there were hidden gremlins within the small print. No false promises and no hassle. Highly recommend"

Corinium Stoves

"Their expertise and dedication gave us real peace of mind. We’d highly recommend Holloway Bond to anyone looking for trusted advisors who genuinely deliver results."

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.

The 2023 revaluation resulted in a 17.3% reduction for properties with a rateable value above £51,000, but rises of 5.8% between £6,001 to £12,000 and 13.7 % between £12,001 and £15,000.