CVS Surveyors Cooplands Bakers Case Study

CVS took a professional approach to the rates appeal process and we were kept informed throughout.

Paul Stockill, Director, Cooplands

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Cooplands Bakers

 / 
Cooplands

Savings of £171,914

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"We were extremely pleased with the substantial reduction CVS achieved for us on our business rates. The extra money can be put back into the business. CVS took a professional approach to the rates appeal process and we were kept informed throughout. Without hesitation, I would recommend CVS to other businesses looking to reduce their business rates bills."

Paul Stockill, Director, Cooplands

One of the country’s leading craft bakers, Cooplands operates from three bakery premises yet supplies over 100 shops, 10 cafés and a small wholesale business within the Yorkshire, Durham, Lincolnshire and Teesside areas. Cooplands is a progressive company and is committed to selling high quality, traditionally made products. They instructed CVS to see if the Rateable Value could be reduced on their Hull-based property.

Results

Our Surveyor carried out a very thorough property inspection and rent review on the Cooplands Hullbased property. The case was then put forward to the Valuation Office Agency (VOA) and it was agreed that CVS’ assessment was indeed accurate. In this instance, Cooplands Rateable Value was reduced from £133,000 to £118,000 in the 2005 List and from £140,000 to £118,000 in the 2010 List. In turn, this generated total savings of £171,914 for our client across the seven year savings period.

CVS Comment:

"Following a full inspection of the premises and review of the factual elements of the valuation it was clear that the mixed age nature of the development and the poor internal layout was not adequately reflected in the Valuation Officers assesment. After discussions with the Valuation Officer regarding both the available rental evidence as well as the way in which the VO had treated other comparable properties in the locality, we were successful in our representation that the current Rateable Value was excessive."

Dennis Broughton, Regional Director, CVS