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Working out business rates

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  • 02-01-2008 7:55pm
    #1
    Closed Accounts Posts: 5,070 ✭✭✭


    Hiya all, I bought a shop a couple of months ago and have just been hit with a serious bill (I think!) The valuation office have valued the place for rates and have sent me a letter that the valuation is 48k. Now I have been to valoff.ie and have read up as much as I can and as far as I can see, there is a multiple of 60 for South Dublin CoCo. Now I am assuming that it is 48 thousand per annum which is 800 quid A WEEK. I am shell shocked at this and am hoping I am missing something here. It is a two story building with empty offices upstairs which I use to sleep in and chill. Private rooms. These were measured for the valuation and I think I can now get them excluded as they are not part of the shop. Does anyone have any experience of this whole situation. I hope its not 48k per year and I think I can get it reviewed to take my "flat" out of the measurements.

    All advice and comments are very welcome.

    Thanks in advance


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