How are pubs valued to determine their Rateable Value? | Altus Property Services

How are pubs valued to determine their Rateable Value?

The majority of public houses are valued taking into account the level of trade generated; referred to as the fair maintainable turnover.

The age, style of property, location and other factors are also taken into account, together with income streams such as wet trade, dry trade, accommodation and other receipts.

It is important to establish that the Valuation Office has based the current rating assessment on up to date trading information.

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