- Description Help with Description
- Shop and premises
- Local council
- Bolsover
- Local council reference Help with Local council reference
- 71230195101
- Rating list Help with Rating list
- 2017
- Effective date Help with Effective date
- 25 April 2022
- List alteration date Help with List alteration date
- 13 July 2022
- Valuation scheme reference Help with Valuation scheme reference
- 417523
- Base rate Help with Base rate
- £450.00
- Measurement method Help with Measurement method
- Gross internal area
- Transitional relief certificate issued Help with Transitional relief certificate issued
- No
- Special category code Help with Special category code
- 097S
Property
Units 43-44, East Midlands Designer Outlet, Mansfield Road, South Normanton, Alfreton, Derbyshire, DE55 2JW
Contents
Valuation
Previous rateable value (25 April 2022 to 31 March 2023)£86,000
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.
Valuations for this property
| Valuations Help with Valuations | Effective date Help with Effective date | Rateable value |
|---|---|---|
| CURRENT 1 April 2023 to present | 1 April 2023 | £45,750 |
| PREVIOUS 13 July 2022 to 31 March 2023 | 25 April 2022 | £86,000 |
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 417523 which groups comparable properties together.
| Description | Area m²/unit | £ per m²/unit | Value Help with Value |
|---|---|---|---|
| Ground floor ground floor sales | 95.5 | £450.00 | £42,975 |
| Ground floor ground floor sales | 95.8 | £450.00 | £43,110 |
| Total | 191.3 | £86,085 |
| Total value | £86,085 |
|---|---|
| Rateable value (rounded down) | £86,000 |
Help with previous valuation
You can no longer tell the Valuation Office Agency (VOA) about changes to property details (by sending a Check case) for any valuations on the 2017 rating list.
You can tell the VOA you think the rateable value was too high by sending a Challenge case. You must have sent a Check case before 1 April 2023 and (any of these apply):
- you send the Challenge case within 4 months of the Check case decision
- you have waited more than 12 months and not received a Check case decision
- the Challenge case is about a change in the local area (such as long-term roadworks), you send it within 16 months of sending the Check case and you have received our Check case decision
You can also tell the VOA you think the rateable value was too high if (any of these apply):
- the VOA have altered this valuation in the last 6 months
- a court decision affected this property’s rateable value
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 accountThe 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 417523 which groups comparable properties together.
£86,000 is the rateable value for this property set by the Valuation Office Agency.
It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate your business rates bill.
Business rates are used to partly fund local council services.
Estimate your business rates bill
You may also be entitled to business rates relief.
Some properties are eligible for discounts from the local council on their business rates. You have to contact your local council to see if you’re eligible and apply.
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