CVS Business Rates Reduction for Kier

CVS were great to deal with and with the no win no fee structure its ‘win win’ for us.

Andrew Sleigh, Managing Director, Kier

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Kier

 / 
Kier Group

Savings of £116,250

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“Construction has been hit hard by the property downturn and recession as all businesses have. Making savings is vital to the longevity of the business in these tough times and the savings we made on business rates by instructing CVS to work on our behalf has enabled us to reinvest the money saved. CVS were great to deal with and with the no win no fee structure its ‘win win’ for us.”

Andrew Sleigh, Managing Director, Kier

Kier Group is a leading construction, services and property group specialising in building and civil engineering, support services, public and private house building, property development and the Private Finance Initiative (PFI). CVS was appointed to review the company’s business rates liability and evaluate the potential for securing a reduction across multiple sites in both 2005 and 2010 Rating Lists.

Results

Detailed valuation reports formed the basis for a compelling submission to the Valuation Office Agency (VOA) where CVS managed to agree reductions totalling £116,250 which will in turn, generate great savings across the seven year Rating List.

CVS Comment:

"Our specialist team of Surveyors were able to negotiate reductions on a number of sites as the VOA had set their rateable values based on inaccurate property details. By challenging the assessments and proving that structural changes had been made to sites, we were able to reduce the client’s liability."

Stephen Philp, Rating Managing Director, CVS