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There′s a restriction in my lease so the property can only be used for a specific trade.
This type of issue can often be resolved by contacting your local valuation office
The rateable value is the open market rental value of your property on the valuation date.
This is the rental value it would support if it was vacant and to let on the open market on that day, under a full repairing and insuring lease.
If there is a restriction on the use in a legally enforceable Town and Country Planning restriction, then you should contact us. You should mention the details of the restriction.
We cannot take into account any lease restriction when assessing the rateable value of the property.
What to do next
Or
- Make an appeal. Before making an appeal, please check your property′s details as we use these to work out your rateable value.
Please note that you will first need to find your property, if you haven't already done so.