Acting on behalf of Louis Vuitton, DWD have secured the zero rating of their West End flagship shop on New Bond Street. The property is undergoing a 15 month refurbishment programme to reconfigure and remodel the shop.
Using both empty property exemptions and business rates appeals, our advice has secured a zero liability to business rates from the date the shop closed for trade that will last until the shop is reoccupied. The rateable value of £8,450,000 has been reduced to £0 using the Valuation Office’s 2017 List Check Challenge Appeal (CCA) process.
For further information on how DWD can help you with business rates, please contact Alan Vickery.