Transitional Relief

Transitional Relief

The Scottish Government introduced this relief scheme for the 2017/18 and 2018/19 financial years, that caps Business Rates Revaluation increases to 12.5% for the following business categories; Bed and breakfast accommodation Camping site A caravan/ caravan site Chalet and holiday hut Guest house, hotel and hostel Restaurants Public house or nightclub (subject to certain licensing…

Enterprise Areas Relief

Enterprise Areas Relief

Businesses setting up or relocating to an Enterprise Area site and doing work in certain sectors may qualify for this rates relief, which offers up to 100% relief up until March 2020. Maps of the Enterprise Areas in Scotland can be found here – https://bit.ly/2Shp21E. Please note that under certain circumstances, you may be entitled…

Denholm Oilfield Services

Denholm Oilfield Services

We were approached by our client, Denholm Oilfield Services, to assist following their relocation from their property which had a passing rent of £324,520 per annum and an unexpired lease term of approximately two years. Short unexpired lease terms can be problematic to the market and the strategy adopted was to offer the property for…