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Bulleys were instructed to carry out a valuation as at 31st March 1982 for Capital Gains Tax purposes on behalf of a private client who had historically occupied industrial premises in Wolverhampton but who had recently sold the premises. Capital Gains Tax arises as a result of a sale of property a ...

Hawk House is a grade ‘A’ office building of 8,248 sq.ft located at Central Park, Telford. Central Park is a recognised and established office and commercial area with occupiers including Telewest and CAP Gemini. Bulleys were instructed to dispose of the long leasehold interest with the ...

Appealing and reducing the Rateable Value applicable to a commercial property is only one of a number of options that can be potentially pursued to reduce an occupier’s liability to pay rates. Acting on behalf of a major industrial manufacturer in Telford, Bulleys negotiated and agreed " ...

The Rateable Value applicable to a commercial property is the Valuation Officers’ opinion of the Annual Rental Value for the property, on assumed terms and conditions on a particular date. Revaluations of all commercial property currently take place every 5 years the most recent in 2010 and t ...

Mark Linning, Head of Professional at Bulleys outlines some of the possible ramifications together with a number of legitimate measures to avoid business rates on vacant commercial property. Mark comments: “One of the most controversial announcements in Gordon Brown’s final budget speec ...

The government’s decision to demand rates from vacant industrial space was roundly condemned by the property industry, as a damaging additional burden on recession-hit developers. The move, aimed at bringing more than £1 billion a year into the Treasury’s ever-dwindling coffers, w ...