What are the Business Rates for commercial?
- The Commercial Property Sourcer
- Oct 7, 2022
- 1 min read
In the main, business rates are payable in a vacant property after 6 months for Industrial and 3 months for the rest. Some areas do have business rate relief schemes.
When buying a property always speak with the local Planning Officer and ask about what are the rules for this area and any relief schemes.. Note, listed buildings such as Grade II do not need to pay business rates when they are vacant.
The rules on business rates can be found on the government Valuation Office Agency (VOA) site:
You can view any commercial properties last business rate assessment by putting in the post code here:
Find a business rates valuation - GOV.UK (www.gov.uk)
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