Shops in Rothbury are to have their business rates reduced by 10 per cent because of a landslide at Christmas.
The Valuation Office Agency has decided to cut the charges because of the effect the slip at Cragend on the B6344 has had on trade.
A number of reports have been made to the office and a report from the agency says that the ‘limited figures’ have led to the reduction, along with how long the road is expected to be closed.
In correspondence, Paul Good from the valuation office, said: “We thought it important to give what relief we could as quickly as possible, rather than wait for more trade figures and analyses or await a valuation tribunal and believe this is a fair reduction based upon what information is in our possession.”
Traders will also have the reduction backdated to Boxing Day last year, when the landslip occurred.
Pubs are to be dealt with on a case-by-case basis by the valuation office, which means reductions may be the same, higher or lower, depending on the information given.
Businesses further up the valley are also being looked at,but the office needs business owners to get in touch.
Assessments on offices have remained the same.
County and parish councillor Steven Bridgett welcomed the news and said that rate-payers need to get in touch with the valuation office to see what can be done.