Live-in Guardians offer legitimate, cost saving solutions to mitigate business rate costs on your vacant buildings.
The costs associated with holding an empty commercial building are significant. Building owners are subject to ongoing insurance premiums, security costs and of course, expensive business rates.
Live-in Guardians develop carefully tailored strategies that help vacant property owners reduce the burden of empty property costs, while they progress through their regeneration, development or sales projects.
Find out more below.
A vacant commercial property is granted an initial 3 month period of Empty Property Relief (EPR). This period may be longer (up to 6 months) for certain types of building, such as factories or warehouses.
If a property is occupied for an amount of time during the EPR window, it may be possible to restart and repeat the process, in turn saving up to 50% on business rate liabilities.
Additionally, clients may choose to use their premises as a short-term storage facility, or to enable the marketing of third-party goods – such as artwork. These options are especially useful for clients who require limited periodic access to their property.
Charitable property occupation can reduce business rates by at least 80%, and in cases up to 100%. By allowing a Charity to conduct its operations from your empty building, you can generate activity and interest in the local community, while increasing the appeal and security of your property. Owners also enjoy lower insurance and security outgoings.
Live-in Guardians partner with several reputable charities within local communities, who in turn benefit from office, warehousing, studio and performance spaces at zero-cost to the Charity.
With over 10 years of industry experience, and as a founding member of the Property Guardian Providers Association (PGPA), Live-in Guardians have successfully worked with hundreds of clients, while saving them a significant portion of their passive expenditure on vacant buildings.
If you want to find out more or have specific questions or requirements please contact us and we'll be happy to help. Don't forget, you may be able to find the answers to your questions on our Frequently Asked Questions page.
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