Belfast Telegraph

Belfast city small firms' exodus fear over rates rethink

By Staff Reporter

Increasing rates in parts of Belfast city centre will put "serious pressure" on small businesses, a property firm has claimed.

The latest rates revaluation in the city could force some firms to relocate, Lambert Smith Hampton said.

The firm said that there will be both winners and losers - with rates expected to rise in growing and expanding areas of the city, including places such as the Cathedral Quarter.

John Adgey of Lambert Smith Hampton said: "The impact of the revaluation on some businesses could be serious.

"Our advice is to be proactive, don't bury your head in the sand.

"While your rates payable may come down, there is every chance it could be brought down further simply by getting expert advice."

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