Property

Unit 3 Penderyn House 50-54, Station Road, Port Talbot, SA13 1LZ

Contents

Valuation

Previous rateable value (1 April 2017 to 25 October 2022)

£9,000

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.

Estimate your business rates bill (opens in new tab)

Valuations for this property

Valuations	Effective date	Rateable value
Valuations Future from 1 April 2026	Effective date 1 April 2026	Rateable value £8,500
Valuations Current 17 January 2023 to present	Effective date 1 April 2023	Rateable value £8,500
Valuations Previous 17 January 2023 to 31 March 2023	Effective date 28 January 2022	Rateable value £9,000
Valuations Previous 26 October 2022 to 16 January 2023	Effective date 28 January 2022	Rateable value £9,000
Valuations Previous 1 April 2017 to 25 October 2022	Effective date 1 April 2017	Rateable value £9,000

Valuation details

• Description: Shop and premises
• Local council: Neath and port talbot
• Local council reference: 1127360050308
• Rating list: 2017
• Effective date: 1 April 2017
• Valuation scheme reference: 306935
• Base rate: £170.00
• Measurement method: Net internal area
• Transitional relief certificate issued: No
• Special category code: 249G

How the rateable value is calculated

The Valuation Office Agency (VOA) uses a ‘rental’ method to value high street businesses like shops, hairdressers, betting shops and banks.

The VOA gathers information about rents paid for shops and businesses. It analyses the information and works out a price per square metre. It also considers local conditions and things like unusual shops shapes, split levels and sales areas hidden by pillars.

Zoning is used to apply the price per square metre to the property and get the rateable value. Each zone covers the width of the shop and usually has a depth of 6.1 metres. Zone A starts at the shop window. As you move further into the shop, each zone is half the value of the one before it. Spaces like store rooms or upstairs offices are valued but not as a zone.

Features such as air conditioning and lifts may be shown separately in the valuation.

This property is part of valuation scheme 306935 which groups comparable properties together.

More about how business properties are valued

Shop floor areas

Description	Area m²/unit	£ per m²/unit	Value
Description Ground floor retail zone a	Area m²/unit 50.32	£ per m²/unit £170.00	Value £8,554
Description Ground floor retail zone b	Area m²/unit 5.9	£ per m²/unit £85.00	Value £502
Description Ground floor staff toilets	Area m²/unit 4.69	£ per m²/unit £0.00	Value £0
Description Ground floor plant room	Area m²/unit 2.37	£ per m²/unit £0.00	Value £0
Total	Area m²/unit 63.28	£ per m²/unit	Value £9,056

Valuation

Total value	£9,056
Rateable value (rounded down)	£9,000

Help with previous valuation

You can tell the Valuation Office Agency (VOA) that:

• your property details (such as floor area sizes and parking) need changing
• you think the rateable value is wrong

How you tell the VOA depends on what you want to tell them.

Restrictions apply including:

• the reasons you can use for thinking the rateable value is wrong
• time limits you have for contacting the VOA and what the VOA can do

More help with this previous valuation

• How business properties are valued
• Estimate your business rates bill
• Business rates relief

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