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Business rates for workshops in Torbay

There are 359 workshops in Torbay’s 2026 rating list. The median rateable value is £10,250, or about £83 per m² of floor area. Is yours in line?

Median RV
£10,250
Median £/m²
£83
Typical size
133 m²

All property types in Torbay: median RV £6,900.

How workshops in Torbay compare

The middle half of workshops here are valued at £64 to £101 per m² of floor area. That compares with a median rateable value of £6,900 for all 5,551 business properties in Torbay. If your price per m² sits well above similar properties on nearby streets, that is the evidence a Challenge needs.

How are business rates worked out in Torbay?

Your council multiplies your rateable value (set by the Valuation Office) by a multiplier, then takes off any reliefs. For 2026/27 in England the multipliers run from 38.2p (small retail, hospitality and leisure) to 50.8p (rateable values of £500,000+).

Aggregate statistics computed from the Valuation Office’s Rating List Downloads (2026 list) for non-domestic rating purposes. Individual properties are shown only through the free check. Not affiliated with the Valuation Office. Data notice