Offices – Merseyside Region
Following the company entering Administration, the operation of the business continued to trade through under the management of the Administrator. Existing tenants remained in occupation under all-inclusive rental agreements, with business rates liability continuing as an expense of the Administration. A proposal was submitted to split the assessment into occupied and vacant parts. The savings to the Administration Fund to-date exceed £250,000 and will continue until the property is sold.
If you are an Insolvency Practitioner with a similar case, please contact us for further assistance.
For more information, contact:
Nicola Hainey
Head of Business Rates
+44 (0) 7513 126 129
nicola@capa.uk.com
