Maughan Mitchell are pleased to be instructed to advise LV, Carnival and Meachers, in Business Rates matters; our thanks to our partner RealEst Chartered Surveyors, for making the introductions.

LV, a household name in Insurance, have large offices in Bournemouth, Exeter and Hertfordshire, which Maughan Mitchell are instructed to review for Business Rates. Following an initial exercise MM have commenced appeal action on the landmark Frizzell House, Bournemouth, where LV have the largest Rates exposure, on the basis this is an ageing building approaching the  end of it’s economic life.

Carnival, who are a market leader in cruise holidays, have their landmark Head Office in Southampton, overlooking their cruise ships. They also operate a training academy from Southampton, in a separate converted warehouse building. Following a review of Carnival’s Rating Assessments we have advised in favour of appeal action under the 2017 Rating List, against the level adopted on their HQ building, with a focus on inconsistencies in the Rating List and the large increase in Liability completely against the general market.

Meachers, a leading Southampton based Logistics company, have a number of sizeable warehouses on Nursling Industrial Estate, with warehouses also in Fair Oak, near Eastleigh and Derby. Following a review of Meachers’ Rating Assessments, MM successfully reduced Meachers’ Head Office, with further advice still ongoing.

Maughan Mitchell partner many of the south’s Chartered Surveying practices, who welcome our expertise in the specialist area of Business Rates. If you, or your clients, need Business Rates advice, do feel free to contact us.