Car restoration company saves on their business rates  with the help of  RVA Surveyors

Case study:

Car Restoration Company | West Midlands

Specialising in the manufacture and restoration of classic cars, particularly focusing on Jaguar E-types.

KEY
FACTS

SIX MONTHS 
ACHIEVED IN

£2,619 
SAVINGS

Office & Premises
PROPERTY TYPE

The Client

Our client is a leading manufacturer specialising in high-performance insulated panels for a range of industries located at Marston, Jabbett, Bedworth, Warwickshire.

Their facility manufacturing equipment, storage areas, and office space. Given the scale of their production and the need for efficient cost management, ensuring their business rates accurately reflected.

The Problem

The original Valuation Office Agency (VOA) assessment did not accurately reflect the true measurements of the property. The space had not changed in size, but errors in the previous valuation meant the recorded figures were larger than the actual measurements.

As a result, the client was being charged business rates based on incorrect measurements, leading to unnecessary overpayments. Without a reassessment, they would have continued paying more than required.

The Solution

RVA Surveyors engaged with the client and conducted a comprehensive site inspection to establish precise measurements of the property. The inspection revealed that certain areas within the facility had been reduced in size since the previous VOA assessment, confirming that the client had been overpaying.

Following the inspection, RVA submitted the updated measurements to the VOA as part of a formal  ‘Check through the Check, Challenge, Appeal process. The submission was backed by clear evidence, including photographs and floorplans ensuring the new assessment accurately reflected the property.

The Outcome

Upon reviewing, the VOA accepted the updated submission, leading to a reduction in the client’s business rates. The correction ensured the client was only paying for the space they actively occupied, rather than outdated or overestimated figures.

By securing a fair and accurate valuation, RVA helped the client achieve reductions, allowing them to reinvest resources into their business.

Savings achieved: £2,619 

Surveyor comment

“Conducting precise measurements and submitting updated figures, we secured a fair and accurate valuation .”

Car Restoration Company – West Midlands | Workshop February 4, 2025