07-02-12, 05:31 PM
(06-02-12, 08:04 PM)rustyrider link Wrote: The rules on business rates changed a couple of years ago. It used to be that there were no, or reduced, rates payable on an empty property. Now the business rates have to be paid even if the place is empty. That's why some landlords have demolished perfectly good business premises. There is an upside to it though. If you want to rent a business unit that has been empty for ages, the landlord will often take a much lower rent for it as long as you take responsibility for the business rates. He may be making virtually nothing on the deal but at least it isn't costing him anything.
That is seriously F*cked up! :eek