Rates are curbing property investment, angry landlord tells MPMay 27, 2014
Joe Muscat, chairman and principal of business centres owner BUCKS-BIZ, welcomed Milton Keynes North MP Mark Lancaster to the i-Centre in Newport Pagnell on Friday.
Mr Muscat, whose company also owns Denbigh Business Park, Bletchley Business Campus, said: “Mark is a great supporter of business aso I know he will listen to the views of the commercial property sector over this issue.
“Empty business rates means landlords have to pay for properties lying empty. It is a big issue for us because with the money we pay to the government we could be investing more heavily in our flexible units.”
BUCKS-BIZ rents in excess of 250 units of varying sizes from one-person serviced offices to a studio filming complex, workshops, warehouses, trade counters, kitchens, health suites and a host more.
Mr Muscat said: “We are doing well as a business and investing £650,000 in 25,000 sq ft of space for growing companies but we could do so much more.”
- Pictured: MP Mark Lancaster (right) with Joe Muscat (centre) and Jay Raj of BUCKS-BIZ