- Description Help with Description
- Restaurant and premises
- Local council
- Camden
- Local council reference Help with Local council reference
- 01063001520003
- Rating list Help with Rating list
- 2017
- Effective date Help with Effective date
- 1 April 2017
- Valuation scheme reference Help with Valuation scheme reference
- 346604
- Base rate Help with Base rate
- £720.00
- 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
- 234G
Property
15 -17, Goodge Street, London, W1T 2PQ
Contents
Valuation
Current rateable value (1 April 2017 to present)£111,000
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.
Valuations for this property
| Valuations Help with Valuations | Effective date Help with Effective date | Rateable value |
|---|---|---|
| FUTURE from 1 April 2023 | 1 April 2023 | £114,000 |
| CURRENT 1 April 2017 to present | 1 April 2017 | £111,000 |
| PREVIOUS 19 September 2017 to 31 March 2017 | 31 May 2016 | £93,000 |
| PREVIOUS 12 September 2017 to 18 September 2017 | 1 April 2015 | £84,000 |
| PREVIOUS 15 September 2014 to 11 September 2017 | 1 April 2014 | £93,000 |
| PREVIOUS 1 April 2010 to 14 September 2014 | 1 April 2010 | £91,500 |
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 346604 which groups comparable properties together.
| Description | Area m²/unit | £ per m²/unit | Value Help with Value |
|---|---|---|---|
| Basement floor kitchen | 81.5 | £180.00 | £14,670 |
| Ground floor restaurant | 50 | £720.00 | £36,000 |
| Ground floor restaurant | 11.8 | £720.00 | £8,496 |
| First floor restaurant | 59.4 | £360.00 | £21,384 |
| Second floor restaurant | 64.7 | £270.00 | £17,469 |
| Third floor restaurant | 64.7 | £144.00 | £9,317 |
| Fourth floor internal storage | 50.7 | £54.00 | £2,738 |
| Total | 382.8 | £110,074 |
| Description | Area m²/unit | £ per m²/unit | Value Help with Value |
|---|---|---|---|
| Air conditioning system | 250.6 | £7.00 | £1,754 |
| Total | £1,754 |
| Total value | £111,828 |
|---|---|
| Rateable value (rounded down) | £111,000 |
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 accountYour rateable value may change on 1 April 2023
The Valuation Office Agency (VOA) regularly updates the rateable values of all business properties in England and Wales to reflect changes in the property market. The next revaluation will come into effect on 1 April 2023.
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