Property

11, Market Place, Ely, Cambs, CB7 4NP

Contents

Valuation

The government has introduced a support package worth £4.3 billion over the next three years to protect ratepayers seeing their bills increase because of the revaluation. If you previously received Small Business Rates Relief, Rural Rate Relief, the Supporting Small Business scheme or Retail, Hospitality and Leisure relief, you may be eligible for the Supporting Small Business scheme, which caps your bill increases. Further details can be found here.

Current rateable value (1 April 2026 to present)

£81,000

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.

Estimate your business rates bill (opens in new tab)

Valuations for this property

Valuations	Effective date	Rateable value
Valuations Current 1 April 2026 to present	Effective date 1 April 2026	Rateable value £81,000
Valuations Previous 9 May 2025 to 31 March 2026	Effective date 15 February 2024	Rateable value £81,000
Valuations Previous 1 April 2023 to 8 May 2025	Effective date 1 April 2023	Rateable value £73,000
Valuations Previous 1 April 2017 to 31 March 2023	Effective date 1 April 2017	Rateable value £73,000

Valuation details

• Description: Restaurant and premises
• Local council: East cambridgeshire
• Local council reference: 901005287636
• Rating list: 2026
• Effective date: 1 April 2026
• Valuation scheme reference: 701268
• Base rate: £140.00
• Measurement method: Net internal area
• Transitional relief certificate issued: No
• Special category code: 234G

How the rateable value is calculated

The Valuation Office Agency (VOA) uses a ‘rental’ method to value restaurants.

The VOA gathers information about rents paid for comparable business properties. It analyses the information and works out a price per square metre. It also considers local conditions and property characteristics such as outside seating, unusual layouts and air conditioning.

Zoning or an ‘overall’ method is used to apply the price per square metre to the property and get the rateable value.

This property is part of valuation scheme 701268 which groups comparable properties together.

More about how business properties are valued

Restaurant floor areas

Description	Area m²/unit	£ per m²/unit	Value
Description First floor internal storage	Area m²/unit 313.1	£ per m²/unit £39.20	Value £12,274
Description First floor kitchen	Area m²/unit 8.3	£ per m²/unit £54.88	Value £456
Description First floor mess/staff room	Area m²/unit 41.2	£ per m²/unit £39.20	Value £1,615
Description First floor internal storage	Area m²/unit 38.4	£ per m²/unit £39.20	Value £1,505
Description First floor office	Area m²/unit 17.6	£ per m²/unit £54.88	Value £966
Description First floor internal storage	Area m²/unit 16.4	£ per m²/unit £39.20	Value £643
Description Second floor internal storage	Area m²/unit 46.9	£ per m²/unit £19.60	Value £919
Description Ground floor restaurant	Area m²/unit 242.67	£ per m²/unit £140.00	Value £33,974
Description Ground floor kitchen	Area m²/unit 61.1	£ per m²/unit £98.00	Value £5,988
Description Ground floor public toilets	Area m²/unit 3.41	£ per m²/unit £70.00	Value £239
Description Ground floor public toilets	Area m²/unit 8	£ per m²/unit £70.00	Value £560
Description Ground floor public toilets	Area m²/unit 8.8	£ per m²/unit £70.00	Value £616
Description Ground floor internal storage	Area m²/unit 11.62	£ per m²/unit £70.00	Value £813
Description Ground floor store	Area m²/unit 12.26	£ per m²/unit £70.00	Value £858
Description Ground floor mess/staff room	Area m²/unit 4.56	£ per m²/unit £70.00	Value £319
Description Ground floor store	Area m²/unit 10.83	£ per m²/unit £70.00	Value £758
Description Ground floor store	Area m²/unit 287.75	£ per m²/unit £56.00	Value £16,114
Total	Area m²/unit 1,132.9	£ per m²/unit	Value £78,617

Additional details

Description	Area m²/unit	£ per m²/unit	Value
Description Air conditioning system	Area m²/unit 341.1	£ per m²/unit £7.00	Value £2,388
Total	Area m²/unit	£ per m²/unit	Value £2,388

Valuation

Total value	£81,005
Rateable value (rounded down)	£81,000

Help with current valuation

You want to change something in this 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.

How to use a business rates valuation account

How the rateable value is calculated

The Valuation Office Agency (VOA) uses a ‘rental’ method to value restaurants.

The VOA gathers information about rents paid for comparable business properties. It analyses the information and works out a price per square metre. It also considers local conditions and property characteristics such as outside seating, unusual layouts and air conditioning.

Zoning or an ‘overall’ method is used to apply the price per square metre to the property and get the rateable value.

This property is part of valuation scheme 701268 which groups comparable properties together.

More about how business properties are valued

The rateable value and your business rates bill

£81,000 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.

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.

More about business rates relief

Contact your local council

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