Business Floorspace

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Non-domestic rating: Business Floorspace 2016

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Non-domestic rating: Business Floorspace 2016

Valuation Office Agency (VOA)
Published by
Dandy Booksellers Ltd
Publication Date
14 March 2017
164 pages
A4 (210 x 297 mm)

This release can be considered as a supplement to the latest NDR stock of properties statistics release, published 15 September 2016, based on the current 2010 compiled list. It provides analysis of the business use of those properties on local rating lists for which there is a measured floorspace, which make up around 95% of the rateable value (RV) of all rateable properties.

England and Wales 31 March 2016:
  • The total floorspace was 578 million metres squared (m2), an increase of 12 million m2 (2.1%).
  • The average RV per metre squared (RV per m2) was 80 per m2.
  • The sector with the largest total floorspace was the Industrial sector at 55.7% of total floorspace.

Between 1 April 2000 and 31 March 2016 the number of rateable properties with a measured floorspace element increased by 141 thousand (9.0%). 

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