CVS Business Rates Reduction for Queen's College London

CVS achieved in 15 months what could not be achieved in the previous eight years...

Simon Turner, Bursar, Queen's College London

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Queen's College London

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Queen's College London

Savings of £59,743

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"Following many years of being represented by a London based and well-known ‘Commercial Property Management’ and ‘Property Consultant’ Company without achieving any success or notice of findings, Queen’s College chose to move their property conundrums into the care of CVS. On introduction CVS immediately proved their business attitude was positive, professional, and was directed at achieving results. Their outlook was supported by a high profile portfolio and a demonstrable enthusiasm. The company’s ‘joie de vivre’ was compelling and this was backed up by the acumen of their personnel.

On appointing an Account Manager, CVS were quick to build customer confidence and the working relationship that grew between them and Queen’s College was outstanding without being invading. Ultimately in a quiet, authoritative, informative and professional manner and without burdening the College’s administration, CVS achieved in 15 months what could not be achieved in the previous eight years of effort and blarney."

Simon Turner, Bursar, Queen's College London

Situated in historic Portland Place, Queen’s College Preparatory School is housed in two magnificent Robert Adam 18th century terrace houses. A wondrous building where the students are provided with a first class education that lays the foundations for academic success, life-long learning and happy, fulfilled lives.

Results

QCPS instructed CVS to work across their property portfolio after receiving no results from their original rating agent. CVS agreed that a merger was effective on the premises on Portland Place, London. By successfully merging the two assessments, CVS has generated savings of £59,743 for this Client across the seven year Rating List.

CVS Comment:

"Regarding the premises on Portland Place, I identified a comparable school on the same street which the Valuation Office Agency (VOA) had recently reduced by agreement. The challenge with Queen’s College Preparatory School was persuading the VOA to accept that the two premises were indeed comparable and then agreeing the finer detail of a lower assessment. I also believed that there was benefit in merging the two assessments occupied by QCPS and argued with the VOA for a disability allowance to reflect the dividing walls. The VOA was initially resistant to this viewpoint but after I produced sufficient comparable evidence they agreed to merge with a discount for layout. A fantastic outcome for our client!"

Chris Poole, Rating Director, CVS