CVS Business Rates West London Motor Group Case Study

We would not hesitate in recommending CVS...

A WLMG Representative

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wlmg

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West London Motor Group (wlmg)

Savings of £60,124

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"We are extremely impressed by the by the very high quality of service provided and the outstanding results generated by CVS. We will be reinvesting the savings back into the business to ensure the growth we are experiencing continues. We would not hesitate in recommending CVS to other businesses looking to make savings on their business premise portfolio."

A WLMG Representative

West London Motor Group (wlmg) is a privately-owned company, representing Fiat, Hyundai, Kia and Nissan with 12 dealerships located throughout North London, West London, Surrey, Middlesex, Berkshire and Bucks. An award-winning company that has built it’s business and reputation on ensuring customers receive the very best service and value for money, each and every time they visit.

Results

wlmg instructed CVS to see if they could reduce their business rates to ensure costs remain as low as possible and the rates they pay are fair. CVS were successful in reducing their Rateable Value by £18,500, a saving across seven years of £60,124.06.

CVS Comment:

"After initial liaison with the client, the premises were inspected and measured to establish whether the details held by the Valuation Office Agency (VOA), and relied upon for their calculations, were indeed correct. As the property effectively held freehold and industrial values in the locality supporting the tone applied, these observations on inspection were key to achieving a reduction in rateable value at the correct level. Detailed discussions with the VOA revolved around the physical discrepancies within the property, and ultimately resulted in a significant reduction. As part of the revised RV a new 5% end allowance was applied overall for poor access to the site."

Stephen Philp, Rating Managing Director, CVS