Empty Property

Question 1

How do you manage empty property?

Answer 1

1. Regular inspections
2. Water turned off
3. Inform insurance provider the property is empty
4. Ensure property has adequate security
5. Consider short term lets to charity shops or pop up shops to reduce business rates liabilty

Question 2

What is the business rates relief on empty property?

Answer 2

1. Shops and offices 100% relief for 3 months

2. Industrial 100% relief for 6 months

Question 3

What is the relief for charity shops?

Answer 3

80% relief and then a further 20% discretionary