1 - 2 Welbeck Street - London

Property: 1-2 Welbeck Street, London, W1G 8EU

Total savings in empty rate liability: £1,580,486.54

The Challenge:

Situated in the heart of London’s West End, 1-2 Welbeck Street is a prime commercial property subject to some of the highest business rates in the UK. The owner faced over £1.5 million in empty property rates liability - a substantial ongoing cost that required a swift solution. 

The Solution:

Jones Hobbs Hawkins applied its specialist Empty Rates Relief model, designed specifically for high value properties in premium locations. By partnering with their preferred registered UK charity, The Photographic Angle, they ensured the space was used for public exhibitions, fully meeting the legal requirements for occupation while removing the client’s liability for empty rates. 

The Outcome:

Through this approach Jones Hawkins eliminated the empty property rates charge securing £1,580,486.54 in savings for the client. The process was completed without disruption, with all administrative responsibility and liability transferred away from the owner. The result demonstrates Jones Hobbs Hawkins ability to deliver measurable financial savings while upholding the highest ethical and professional standards.