What is unoccupied property rating?
Business rates won’t be payable for the first 3 months that a property is empty. This is extended to 6 months in the case of some industrial properties.
After this period, rates are payable in full unless the unoccupied property rate has been reduced by a government order.
In most cases, the unoccupied property rate is zero for properties owned by charities and community amateur sports clubs. Listed buildings with a business assessment are also exempt from business rates when empty.
A small commercial or industrial property with a rateable value of less than £2,900 is fully exempt from business rates.
Is my empty property eligible for an exemption from business rates?
There are some exemptions from the unoccupied property rate. Contact us for more information.
How do I apply for the unoccupied property rate?
If your property is about to be vacated, please let us know as soon as possible.