Wales in 2000, of which 18 per cent were in retail premises, 16 per
cent in offices, 41 per cent in factories and 25 per cent in
warehouses (Table 1).
These are some of the results from the publication of Commercial and
Industrial Floorspace and Rateable Value Statistics 2000. The figures
are the result of a major collaboration between the DTLR, the Valuation
Office Agency (VOA) and University College London (UCL) to improve
the quality of floorspace statistics. It is proposed to update the
statistics on an annual basis.
The average rateable value of all premises was£54 per sq. m in 2000.
This ranged from£25 per sq. m for the average factory to£109 per
sq m for the average office. Retail premises accounted for
marginally more total floorspace but had many more hereditaments than
offices, suggesting offices in general contained more floorspace than
There were 105 million sq. m of retail floorspace in 2000 in England
and Wales, 29 per cent of which were in London and the South East.
Regionally, the average rateable value of retail premises ranged from
£73 per sq. m in the North East to£150 in London.
There were 91 million sq. m of office floorspace, 29 per cent of
which were in London compared to just 4 per cent in the North East.
Regionally, the average rateable value of offices ranged from£55 per
sq. m in the North East to£183 in London.
Factories and warehouses
There were 233 and 140 million sq. m of factory and warehouse
floorspace respectively in England and Wales. 16 per cent of the
factory floorspace was situated in the North West and Merseyside
compared with 6 per cent in London. Regionally, the average rateable
value of factories ranged from£18 per sq. m in the North East to #42
Premises with accommodation
The total number of hereditaments of premises with accommodation
totalled 112,000, 81 per cent of which were retail premises. The
total floorspace was 13 million sq. m, over half of which were retail
Table 1 Bulk classes of non-domestic premises in England and Wales,
Number of Floorspace Rateable value Average rateable
hereditaments (000s sq.m) (£000s) value (£/sq. m)
Retail premises 573,533 105,094 10,583,368 101
Offices 303,393 90,855 9,919,832 109
Factories 266,068 233,266 5,762,242 25
Warehouses 197,786 139,694 4,402,712 32
TOTAL 1,340,780 568,909 30,668,154 54
1. The statistics are the first since 1995. However due to data
quality problems with the 1995 set, meaningful comparison between
1995 and 2000 cannot be made.
2. The Floorspace statistics and rateable value for non-domestic
properties in England and Wales are compiled for regions, counties
and districts as of 1 October 2000. In addition to improving the
quality of floorspace data, information on rateable value and
rateable value per square metre are also provided in this report for
the first time. This information comes from administrative databases
used by the VOA in the process of assessing the value on non-domestic
property in England and Wales.
3. Commercial and Industrial Floorspace and Rateable Value Statistics
2000 is published by TSO, price£45. The report is available from:
DTLR Publications Sales Centre
South Yorkshire S63 9BL
Tel: 01709 891318 Fax: 01709 881673