Haslar Marina is a 600-berth marina in Portsmouth Harbour, whilst East Cowes on the Isle of Wight has 260 berths. It is unusual in that it has a large dedicated visitor area to take advantage of Cowes’ prominence at the heart of the UK racing scene.
Reducing business rates represents a significant potential saving for marina businesses. The rateable value is linked to its trading potential, so expert knowledge of the working of the business and the market it operates in is vital.
Putting forward an informed and compelling argument in any business rate appeal is essential in achieving the best possible outcome, because an ill-considered appeal could easily result in an unwelcome increase in rateable value.
- Marine and leisure property advice
- Business rates advice
A thorough and well-informed assessment of the figures was made by the team, based on the team’s extensive knowledge of the marina and sailing industries. This resulted in substantial cost savings to the business.
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