About

​

Stadiums and recreational facilities require a specialist approach when dealing with them for business rates purposes. Certain clubs and non-profits benefit from Sport & Recreational Relief - subject to qualifying criteria. The chosen valuation methodology used by Land & Property Services is generally the Contractor's Method of Valuation. This method employs a five-stage process that converts a capital value into rental value.

 

Our expert, John Gowland MRICS DipRating, has extensive knowledge of this valuation method when valuing local stadiums and recreational facilities. 

​

Key achievements are:

 

• Belfast International Airport v Commissioner of Valuation VR/9/2016 - Lands Tribunal decision on Contractor's Method. John Gowland MRICS DipRating provided expert advice to BIA

• Coleraine Football Club – Five years backdated refund with total savings of £23,000