Void Rates Mitigation

Since the introduction of 100% rates charges on empty commercial premises in 2008, ratepayers and their advisors have sought ways to mitigate this, often crushing burden of tax liability.

Principled occupy appointed buildings for a period of six weeks or more. Our solution is NOT “de minimis”. We store our own goods of value in bespoke Principled branded tote boxes which are fully manifested and inventoried. We routinely fill over 70% of the space available.

This robust and detailed solution, coupled with our bespoke innovative portal ERIC, ensures that both the client and billing authorities are informed of all details at every juncture. It is no surprise that institutional funds find this detail irresistible.

With a 100% successful track record, this is ABSOLUTELY the most dependable strategy available in the marketplace, when seeking to mitigate empty rates liability.

We have an outstanding track record of working across mixed portfolios and individual properties, which has enabled us to save clients a significant proportion of their business rates liability.