Our client, the owner/occupier of a holiday park on the coast of North Cornwall, was aggrieved that their rateable value increased from £213,500 to £240,000 in the 2017 Rating List.
The adopted level of Fair Maintainable Turnover for the hire fleet income was excessive, resulting in a rateable value which was too high.
We submitted a detailed Challenge document to the VOA which proved, in this individual case, that the level of receipts was above the general tone for hire fleet lettings on comparable sites in the area. We successfully argued this was due to excellent management which enabled the park to achieve high levels of trade, over and above that of a typical park and typical operator.
The outcome was the amendment of the valuation, resulting in a reduction in rateable value from £240,000 to £213,000 which generated a total saving to our client of circa £46,000.
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