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Business Rates > Revaluation 2005 Valuation Scales > Offices of a modern standard. Lifted. London Docklands

Revaluation 2005  - Valuation Scales

Valuation Scale Reference: VOLDOCKMV1

Valuation Scale Title: Offices of a modern standard. Lifted. London Docklands.

Overview

Offices providing a modern standard of accommodation. A typical property will have central heating, air conditioning, raised floors and a lift.

Typically built or converted from 1990 onwards, situated in the central area of London docklands.

If air conditioning is not present the main space price applied is reduced by 10%. If the property does not have raised floors the price is reduced by 5%.

Accommodation Use Codes

Code

Description

Ground Floor

1st Floor

2nd Floor

3rd Floor

Mezza-nine

Base-ment

Lower Ground

4th Floor

5th Floor

6th Floor

ANO

Ancillary Office

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

ASI

Internal storage

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

ASO

External storage

0.3333

0.3333

0.3333

0.3333

0.2499

0.1111

0.2165

0.3333

0.3333

0.3333

ATR

Atrium

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

BAY

Loading Bay

0.2500

0.0000

0.0000

0.0000

0.0000

0.0833

0.1625

0.0000

0.0000

0.0000

BKH

Banking Hall

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

BRD

Boardroom

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

CAN

Canteen

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

CEL

Cells

0.5000

0.5000

0.5000

0.5000

0.3750

0.1666

0.3250

0.5000

0.5000

0.5000

CLS

Classroom

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

COM

Computer room

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

GAR

Garage

0.3333

0.3333

0.3333

0.3333

0.2499

0.1111

0.2165

0.3333

0.3333

0.3333

GTH

Gatehouse

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

HIT

Hi Tech Accommo - dation

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

HTH

Health Centre

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

KTN

Kitchen

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

LAB

Laboratory

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

LFG

Rough surfaced, fenced land

0.0250

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

LFH

Hard Surfaced, fenced land

0.0300

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

LFT

Lift Shaft

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

LFU

Unsurfaced, fenced land

0.0200

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

LOG

Rough surfaced, unfenced land

0.0120

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

LOH

Hard Surfaced, unfenced land

0.0150

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

LOK

Locker room

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

LOU

Unsurfaced, unfenced land

0.0100

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

MSR

Mess/Staff room

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

NUR

Nursery

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

OFF

Office

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

OFO

Office

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

OWK

Works office

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

PFF

First floor production area

0.0000

1.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

PKN

Portable Building

0.5000

0.5000

0.5000

0.5000

0.5000

0.5000

0.5000

0.5000

0.5000

0.5000

PLT

Plant room

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

PRD

Production Area

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

RAO

Retail Area

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

REC

Reception / Entrance

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

RES

Restaurant

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

SFF

First floor sales

0.0000

1.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SGY

Surgery

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

SHD

Shed

0.0500

0.0500

0.0500

0.0500

0.0375

0.0166

0.0325

0.0500

0.0500

0.0500

SLG

Lower Ground Floor sales

0.0000

0.0000

0.0000

0.0000

0.0000

0.3333

0.6500

0.0000

0.0000

0.0000

SOV

Ground Floor Sales

1.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SPU

Store

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

SRM

Showroom

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

STR

Strongroom

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

SZA

Retail Zone A

1.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SZB

Retail Zone B

0.5000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SZC

Retail Zone C

0.2500

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SZD

Retail Zone D

0.1250

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SZE

Retail Zone E

0.1250

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SZF

Retail Zone F

0.1250

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

SZR

Remaining Retail Zone

0.1250

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

WCE

Public toilets

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

WCS

Staff toilets

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

0.0000

WHS

Warehouse

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

WKS

Workshop

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

XNC

Unclassified area

1.0000

1.0000

1.0000

1.0000

0.7500

0.3333

0.6500

1.0000

1.0000

1.0000

Adjustment Codes

Code

Description

+

-

AC4

Air Cond Partial

1.0556

0.9500

AIR

Air Conditioning

1.1111

0.9000

FPT

Fire Protection

1.0500

1.0000

HTG

Heating

1.0000

0.9500

RFL

Raised Floor

1.0526

0.9500

Other adjustments may apply to individual properties to reflect their character or specific advantages or disadvantages.

 

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