- 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
- 2023
- Effective date Help with Effective date
- 1 April 2023
- Valuation scheme reference Help with Valuation scheme reference
- 600820
- 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
Current rateable value (1 April 2023 to present)£22,750
This is the rateable value for the property. It is not what you pay 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 600820 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 current valuation
You can tell the Valuation Office Agency (VOA) that:
- your property details (such as floor area sizes and parking) need changing
- you think your rateable value is too high
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 600820 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