- Description Help with Description
- Offices and premises
- Local council
- Cornwall
- Local council reference Help with Local council reference
- 22032491003802
- Rating list Help with Rating list
- 2017
- Effective date Help with Effective date
- 1 April 2017
- Valuation scheme reference Help with Valuation scheme reference
- 393966
- Base rate Help with Base rate
- £85.00
- Measurement method Help with Measurement method
- Net internal area
- Transitional relief certificate issued Help with Transitional relief certificate issued
- No
- Special category code Help with Special category code
- 203G
Property
38 /39, Lemon Street, Truro, Cornwall, TR1 2NS
Contents
Valuation
Previous rateable value (1 April 2017 to 31 March 2023)£22,750
This was the rateable value for the property. It is not what you would have paid in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Valuations for this property
| Valuations Help with Valuations | Effective date Help with Effective date | Rateable value |
|---|---|---|
| CURRENT 1 April 2023 to present | 1 April 2023 | £22,750 |
| PREVIOUS 1 April 2017 to 31 March 2023 | 1 April 2017 | £22,750 |
The Valuation Office Agency (VOA) uses a ‘rental’ method to value offices.
The VOA gathers information about rents paid for offices. It analyses the information and works out a price per square metre for each floor area. It also considers things like rent free periods and improvements made by the tenant.
The price per square metre is multiplied by the property floor area to get the rateable value.
Features such as air conditioning and lifts may be shown separately in the valuation.
This property is part of valuation scheme 393966 which groups comparable properties together.
| Description | Area m²/unit | £ per m²/unit | Value Help with Value |
|---|---|---|---|
| Ground floor office | 32.9 | £80.75 | £2,657 |
| Ground floor internal storage | 1 | £56.53 | £57 |
| Ground floor office | 22 | £80.75 | £1,777 |
| Ground floor office | 15.3 | £80.75 | £1,235 |
| Ground floor office | 23.7 | £80.75 | £1,914 |
| Ground floor kitchen | 1.6 | £80.75 | £129 |
| Ground floor staff toilets | 0 | £0.00 | £0 |
| Ground floor staff toilets | 0 | £0.00 | £0 |
| First floor office | 19.4 | £80.75 | £1,567 |
| First floor office | 30.6 | £80.75 | £2,471 |
| First floor kitchen | 2.4 | £80.75 | £194 |
| First floor internal storage | 0.8 | £56.53 | £45 |
| First floor staff toilets | 0 | £0.00 | £0 |
| First floor staff toilets | 0 | £0.00 | £0 |
| First floor office | 35.1 | £80.75 | £2,834 |
| First floor office | 10.6 | £80.75 | £856 |
| Second floor office | 18.2 | £60.56 | £1,102 |
| Second floor office | 23.3 | £60.56 | £1,411 |
| Second floor office | 13.4 | £60.56 | £812 |
| Second floor internal storage | 1.2 | £41.99 | £50 |
| Second floor staff toilets | 0 | £0.00 | £0 |
| Second floor kitchen | 5.9 | £60.56 | £357 |
| Second floor staff toilets | 0 | £0.00 | £0 |
| Second floor office | 15.5 | £60.56 | £939 |
| Second floor office | 12.7 | £60.56 | £769 |
| Second floor office | 11.6 | £60.56 | £702 |
| Third floor internal storage | 31.8 | £33.16 | £1,054 |
| Total | 329 | £22,932 |
| Total value | £22,932 |
|---|---|
| Rateable value (rounded down) | £22,750 |
Help with previous valuation
You can no longer tell the Valuation Office Agency (VOA) about changes to property details (by sending a Check case) for any valuations on the 2017 rating list.
You can tell the VOA you think the rateable value was too high by sending a Challenge case. You must have sent a Check case before 1 April 2023 and (any of these apply):
- you send the Challenge case within 4 months of the Check case decision
- you have waited more than 12 months and not received a Check case decision
- the Challenge case is about a change in the local area (such as long-term roadworks), you send it within 16 months of sending the Check case and you have received our Check case decision
You can also tell the VOA you think the rateable value was too high if (any of these apply):
- the VOA have altered this valuation in the last 6 months
- a court decision affected this property’s rateable value
You need a business rates valuation account to tell the VOA yourself or appoint an agent to do it for you.
Sign in or register for an accountThe Valuation Office Agency (VOA) uses a ‘rental’ method to value offices.
The VOA gathers information about rents paid for offices. It analyses the information and works out a price per square metre for each floor area. It also considers things like rent free periods and improvements made by the tenant.
The price per square metre is multiplied by the property floor area to get the rateable value.
Features such as air conditioning and lifts may be shown separately in the valuation.
This property is part of valuation scheme 393966 which groups comparable properties together.
£22,750 is the rateable value for this property set by the Valuation Office Agency.
It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate your business rates bill.
Business rates are used to partly fund local council services.
Estimate your business rates bill
You may also be entitled to business rates relief.
Some properties are eligible for discounts from the local council on their business rates. You have to contact your local council to see if you’re eligible and apply.
Compare properties
Compare your property with others like yours and see their:
- rateable values
- rateable value calculations
Report a problem with this page.
If you are having trouble using this service, you can contact us for help.
Email address: ccaservice@voa.gov.uk