Colliers business rates team expands with new Cheltenham office
Colliers’ business rates team is presence with a new office at Jessop House in Cheltenham.
It will open at the end of October and the real estate firm is to shortly be recruiting for new staff.
Colliers already operates in 70 countries across the globe.
Cheltenham is the home to one of the rating team’s most prestigious clients - The Jockey Club, the largest racehorse group in the UK employing 650 permanent staff across the country.
The new office will provide the specialist rating team with its 11th office in the UK.
The division already has a presence in three offices in London (City, West End and Uxbridge) as well as in Birmingham, Manchester, Leeds, Liverpool, Bristol, Glasgow and Belfast.
The team offers the complete range of business rates services including valuations and appeals, compliance and rates accounts management from a team of over 140 ratings specialists including four diploma holders.
It covers sectors including retail, leisure, and hospitality, automotive, industrial and logistics, offices and serviced offices, and has a strong reputation for working in and campaigning for its clients’ interests.
Head of business rates John Webber said: “Our division continues to grow, as businesses, disheartened and despairing with the current system, continue to turn to professionals such as ourselves to help them navigate the increasingly complex environment.
“Currently, the system appears to be only providing a disincentive for businesses growth, and many businesses are questioning the high levels of tax they are expected to pay and are looking for ways to mitigate this.
“This year the tax take from business rates rose by 10 per cent and the tax is expected to raise £40 billion by 2030. Such punitive growth levels are unsustainable.
“The 2023 Rating list has just closed, and latest figures show that we at Colliers have 20 per cent of the outstanding challenges in the system. We are certainly on a growth trajectory I am delighted we are expanding and will continue to recruit the best professionals in the business for our new office”
John Munday, CEO, Colliers UK added: "The continued growth of our Business Rates team is a great example of Colliers investing in specialist expertise, expanding our presence in key markets and strengthening our ability to advise and support clients.
"The new office in Cheltenham reflects both the success of the team and the opportunities we see ahead, and forms part of our wider Ever Forward strategy.
“Our business rates team has built an outstanding reputation for delivering value to clients, while also leading important conversations around business rates reform. We look forward to supporting this next phase of growth and welcoming new talent to the business."