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NickCJ in reply to @Hefty

little old Cambridge is becoming [even more] devoid of culture because of the expense of property making it impossible for fun people to make small businesses work here

I lived there 2010-13 and it was a sea of chain shops even then. I think that for a lot of shops the rates bill is a bigger problem than rents.

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Hefty in reply to @NickCJ

In theory business rates are broadly half of rents and there are discounts for independent businesses too, compared to residential council tax they’re madness of course.

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NickCJ in reply to @Hefty

broadly half

When I got stuck managing a portfolio of this stuff at my old job we were giving away units at zero rent (or turnover basis) to get out of the rates liability. Less prime areas than Cambridge though.

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