Altus Group
Reporting on commercial property insights, business rates analysis, and policy commentary from a consultancy regularly referenced across the UK hospitality and foodservice sector. This section highlights data on rent, valuations, tax appeals, and trading pressures, supporting operators, landlords, and F&B decision-makers in understanding how property-related costs and legislative changes impact venue profitability and long-term planning.
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Aug- 2018 -29 AugustBusiness
Bailiffs visited more than 200 firms daily over unpaid business rates
In the first year after the new business rates revaluation came into effect, councils sent bailiffs to more than 200 commercial properties everyday for unpaid rates. An investigation by real estate advisor Altus Group revealed that during 2017/18, over 81,000 business premises liable for rates were referred to bailiffs to…
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17 AugustBusiness
Business rates for English hospitality firms could rise to £50m, analysts say
Business rates for English hospitality companies could increase to £51.26m next April if inflation remains unchanged at 2.5%, according to real estate advisor Altus Group. Altus Group said next month could be “pivotal for the hospitality sector” as the upcoming Consumer Prices Index (CPI) measure of inflation determines how business…
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Jul- 2018 -9 JulyBusiness
200,000 companies sued over business rates
Over 200,000 businesses were taken to a Magistrates court for failing to pay for businesses rates under the first year of the new business rates revaluation, an investigation has revealed. Real estate advisor Altus Group collated information procured under the Freedom of Information Act (FOI) from all councils in England.…
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