Chartered Surveyors Eddisons has been appointed rating agent to Cohens Chemist, one of Britain’s largest pharmacy chains, following selective negotiations.
The Eddisons rating team will provide advice on business rates issues for the firm’s property and asset portfolio, which comprises 150 branches across the UK, in high street locations and those attached to healthcare centres.
The portfolio also includes offices, warehouse/distribution facilities.
John Hayward, Head of Rating at Eddisons said: ‘With an established specialist team already advising healthcare providers, we look forward to using this unrivalled knowledge to deliver significant savings for Cohens.
‘Since the new Rating List took affect in April 2010, clients are looking to us to reduce their business rates liability, particularly in the current economic client where all costs are being scrutinised.’
Richard joined Eddisons in 2003 and has been the Managing Partner since 2012, a role that sees him lead the strategic direction and development of the business under the ownership of Begbies Traynor Group plc. Richard has been instrumental in the growth of the business which has seen turnover more than double since 2008.
In addition to his role as Managing Partner, Richard continues to play a vital role with key clients, particularly in the banking sector, where he is a trusted adviser to major high street clearing banks. Over the last eight years, Richard has been appointed LPA Receiver on many high profile properties and assists in the recovery of distressed loan portfolios.
Prior to joining Eddisons, Richard worked in the real estate division of a 'Big Four' firm where his notable assignments included the privatisation of Saudi Telecom for flotation on the New York Stock Exchange.