Case Studies

Leisure & Health Clubs - New Build & Refurbishment

UK Fitness

The Health and Fitness chain’s UK health clubs have expanded rapidly in the past eight years. During this time, we’ve prepared capital allowance claims for the entire portfolio of more than 170 clubs. Annual spend for the Clubs runs into tens of millions of pounds, which has seen us involved in a major project management process and detailed expenditure analysis.

Our work for ‘UK Fitness’, and through negotiation with HMRC has resulted in high value claims and agreements, saving several million pounds for UK Fitness’ .

'Roche Associates has always provided a very dedicated and cost effective solution to a highly valuable part of our business. We have developed a long term relationship with them and their continuity of service, reliability and in depth knowledge of our business has been paramount in maintaining a very effective relationship.'

'Each year our requirements change quite substantially and each time Roche Associates adapt to suit our needs from a delivery, quality and cost perspective. Their experience level enables them to devise quick solutions to our fast changing needs and to take an active role in all aspects of the claim production and agreement process.'

Conversion of Industrial Property

Global IT Specialist

Our client acquired a dilapidated industry property which they leased out for a short time before a major refurbishment and conversion to a high tech process and call centre.

Before making a detailed claim, we reviewed all information to establish and protect claim entitlements. As a result, we identified additional claims and maximised all claim opportunities through a well planned, targeted and information sourcing approach.

Plant and machinery claims of over 60% were established on the £10.6m structural refurbishment. We also established a further £2.3m saving, as a third of the property qualified for industrial buildings allowance. We also helped the company make further savings of more than £500,000 through acquisition claims and land remediation tax claims.

“Roche provided us with a very personal, dedicated and responsive service. We particularly liked their Big Four accountancy and surveyor skill based, coupled with their senior level working – it meant we always dealt with knowledgeable people but at very competitive rates. They advised us on a complex project and established some very high tax claims; we were very pleased with their advice”

Conversion of City Centre College

Specialist Investment House

Our client acquired a former college building, planning to transform it into a premier hotel and spa. Our first project (prior to a £20 million conversion) was a detailed just apportionment claim; using our cost consultancy experience, we completely re-estimated the building costs at acquisition.

This was a major challenge as the building was more than 150 years old and had some very archaic and bespoke construction elements.

We worked with a professional land valuer to expertly determine the land’s correct value, so adding robustness to the claim. The resulting claims saved the client in excess of £350,000.

“We, and our joint venture partners regard the directors of Roche Associates very highly and had no hesitation in appointing them on one of our most prestigious projects, a new spa hotel.”