Mixed fortunes for business premises

by Julie Magee

Reporter:

by Julie Magee

Email:

julie.magee@thechronicle.uk.com

THERE are winners and losers after business premises in Coleraine were revalued to reflect April 2018 rental values.

Non-domestic rates bills from April 1 this year will be calculated using the new Reval2020 draft valuations published by Land and Property Services.

While some business owners in the town are celebrating reduced valuations, others dreading the arrival of their rates bills include the Lodge Hotel where the valuation has risen by more than 28%, from £132,500 to £170,000.

*Read the full reaction on the latest rates debacle inside this week's Chronicle.

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BREAKING

Tributes paid to 'a lovely young man'

The coffin of Lewis John Fleming leaves 1st Kilraughts Presbyterian Church at the end of the funeral service on Monday afternoon.Warm tributes have been paid to the Coleraine Grammar School pupil.