Latest News

12 Dec

Businesses urged to claim £2500 voucher for broadband boost

Businesses around the UK are being urged to make use of a £2500 voucher for gigabit broadband speeds before the scheme closes due to high demand.

12 Dec

Deadline looms for Enterprising Women nominations

The annual quest to find the region’s most successful and inspirational businesswomen will end soon after Christmas.

12 Dec

New Chief Executive Officer appointed by D2N2 LEP

A new Chief Executive Officer has been appointed by the D2N2 Local Enterprise Partnership.

Choosing the Right Premises

Things to Consider
When choosing business premises your selection should be dependant on your requirements. Factors to take into consideration in this include:

  • Location and transport links
  • Size and layout
  • Type of premises including any specific requirements for your operation
  • Facilities including administrative support and meeting areas
  • Access times
  • Budget
  • Business rates & utilities
  • Car parking
  • Business Security

Safe as Houses, published by the Institute of Occupational Safety and Health, provides a list of things to think about if you own or rent where you work or store items for your business.

London Growth Hub Property Advice Service have published a blog providing information on a number of aspects of property providing answers to the key issues of commercial leasing.

This case study explains how one company selected the right business premises.


Business Rates and Business Rate Relief

 

GOV.UK

Business rates are charged on most non-domestic properties. Information on business rates is available on the Government website as well as on individual local authority websites - you can find the authority your property  is situated in using the postcode checker.

Properties may be eligible for business rate relief dependent on factors such as size, location and type of building.  You can get small business rate relief if your property’s rateable value is less than £15,000.  For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.

Certain properties are exempt from business rates. Also, you don’t have to pay business rates on empty buildings for 3 months. After this time, most businesses must pay full business rates although some will qualify for extended empty property relief.

Contact your local council to discuss business rate relief schemes in more detail.

The rateable value can be queried through your local office of the Valuation Office Agency. The Valuation Office Agency website can be used to check the rateable value of the property and find out what to do if you think the value is wrong. Information will also be available on your local authority website.

If you decide to challenge the rateable value, choose a company that is a member of the Royal Institute of Chartered Surveyors (RICS), Institute of Revenues Rating and Valuation or Rating Surveyors Association.

The RICS have a Business rate helpline - call 024 7686 8555 for a free 30-minute consultation.

Finding Property

There are a number of resources you can access to search for available property, listed in a separate section on finding property

Virtual Office Services
This example of a Virtual Office Service can provide a low cost professional image for your business. Different organisations offer different services, but most will provide a mailing address, post handling and telephone answering service, if required, as well as access to meeting space.

Use the keyword virtual to identify a list of companies providing virtual office services.


Managed Workspaces
Managed workspace, often known as business, enterprise or innovation centres, provide business space along with additional facilities. These can include meeting room hire, administrative support, call handling, electrical equipment and furniture. Many centres will offer flexibility with no long term contract. Your local council may have information regarding business centres in your area.


Incubation Units
These are spaces often linked to Universities, Colleges or other organisations that may offer flexible ‘easy in-easy out’ lease agreements. Some offer shared work space or 'hotdesking' arrangements usually linked to specialist support or advice from the host organisation and shared spaces for networking and exchange of ideas.


Enterprise Zones
Enterprise Zones are areas that support both new and expanding businesses by offering incentives such as business rates relief, enhanced capital allowances and access to superfast broadband. Enterprise Zones are part of the Government's wider Industrial Strategy to support businesses and enable local economic growth. Find out more about Derby and Nottingham Enterprise Zones.


Premises Law

Commercial property law is complex. Whether you own or rent premises, you can face substantial legal liabilities and potential costs. Additional information is available in a separate section on premises law.

Premises Security

Crime is a concern to all businesses so it is important to ensure that you have appropriate security at your premises. The Business Watch Team at East Midlands Chamber can help identify problems and provide solutions.

A Code of practice to help CCTV users stay within the law has been produced by the Information Commissioners' Office. As well as providing details on how to comply with the Data Protection Act it includes a simple checklist for users of limited CCTV systems where the full provisions of the code would be too detailed.

A range of factsheets advising on business security are available from Derbyshire Police and Nottinghamshire Police


Fire Safety

Businesses are required to appoint a responsible person and to carry out regular fire risk assessments . The local fire and rescue authority provides advice for businesses on the level and appropriateness of fire protection measures as well as taking enforcement action to make sure firms meet their statutory and legal responsibilities.

More details are available at Derbyshire Fire and Rescue Service or Nottinghamshire Fire and Rescue Service.