When it comes to commercial property, finding ways to reduce operational costs can provide a significant boost to your bottom line. An effective strategy that businesses often overlook is property merging. If you occupy two or more adjoining properties, merging them into a single rateable unit could lead to substantial savings on your business rates.
What is a Property Merge?
A property merge occurs when multiple rateable properties are combined into one. This process removes the original properties from the rating list and creates a new, single property. The result? A larger space that can attract a lower rateable value per square metre due to a concept known as quantum discount, potentially reducing your overall rateable value by up to 10% on average.
Who Should Consider a Property Merge?
If your business occupies two or more adjoining properties that are physically connected, you could be eligible for a merge. However, the process is not straightforward. While you can propose a merge yourself via the VOA Check Challenge portal, it’s fraught with difficulties and complex regulations. That’s why we advise working with an expert company like ours, who can navigate the intricacies on your behalf.
The Benefits of Merging Properties
Reduced Rates: Merging properties can lead to a lower rateable value per square metre, thanks to the quantum discount.
Simplified Management: A single, larger property can simplify property management and billing.
Backdated Savings: Approved merges can be backdated to the date when the actual merge occurred, unlocking further savings.
Our Process
Our team will:
1. Gather evidence to determine if a merge is legally possible and beneficial.
2. Provide a proposal and conduct a site survey with risk assessment.
3. Submit the merge proposal to the VOA, ensuring all legal requirements are met.
Why Choose Us?
With our expertise, you can be confident in the outcome. We handle everything from landlord consultation to the submission of your merge proposal. Plus, our service is no win, no fee?.??
Contact us today to see if a property merge could benefit your business. Don’t leave potential savings on the table—let us help you maximise your business efficiency.