Empty properties
With effect from 1 April 2008 empty properties will be exempt
from business rates for the first three months they are empty.
Industrial and warehouse properties qualify for a further three
months exemption. After this period full business rates are payable
unless the following applies:
- where the property has a rateable value less than £2,600 (2010
Rating List)
- where the property is a listed building
- where the ratepayer is a charitable organisation or a
registered Community Amateur Sports Club (CASC)
- where the ratepayer is bankrupt or in liquidation
- where the ratepayer is a company in administration
- where the ratepayer is entitled to occupy as an executor of a
deceased person
- where the ratepayer is prohibited by law to occupy the
property