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Revaluation 2023: Beware changes to business rates

With the next revaluation of business rates on the horizon, our business rates team explores what will happen when, and what you need to know now, to prepare for Revaluation 2023.
March 16, 2022

2020 has been a year characterised by a lack of certainty as the COVID-19 pandemic unfolded around us.

Of course, there is an acceptance the events of the last year will inevitably change how we work forever, but with that comes a sense of optimism.

We have witnessed first-hand how the agile business has adapted to the new norm, not only to survive, but to do their upmost to thrive.

Employees are re-evaluating their working patterns and their priorities and business leaders are reacting to this in a way that will change building design, locations and leasing structures.

Now, almost a year on from the start of the pandemic, we have a better understanding about what we are all dealing with, which together with the roll-out of the COVID-19 vaccine, means we are starting to more confidence in the property market.

To help inform your strategic property decisions as you look ahead to 2021, and beyond, we explore the emerging trends that we are seeing across the Thames Valley office and industrial / logistics markets, with what to expect and how to plan ahead –  whether you are a landlord / investor, developer or occupier.

To discuss any of the insights from this report, or your specific property requirements, don’t hesitate to get in touch with Guy Parkes (offices) or Charlie Nicholson (industrial).

To download the a copy of the report in PDF format, click here.

Disclaimer
The information contained in this article is provided for general information purposes only and reflects the position at the time of publication. While every effort has been made to ensure the accuracy of the information, subsequent changes in legislation, case law, or policy may affect its validity. This article does not constitute legal advice, nor should it be relied upon as such. Readers are advised to always seek specific guidance in relation to their individual circumstances before taking or refraining from any action based on the contents of this publication.