Business rates for workshops in Torfaen
There are 512 workshops in Torfaen’s 2026 rating list. The median rateable value is £8,400, or about £64 per m² of floor area. Is yours in line?
All property types in Torfaen: median RV £7,300.
How workshops in Torfaen compare
The middle half of workshops here are valued at £43 to £75 per m² of floor area. That compares with a median rateable value of £7,300 for all 3,163 business properties in Torfaen. 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 Torfaen?
Your council multiplies your rateable value (set by the Valuation Office) by a multiplier, then takes off any reliefs. For 2026/27 in Wales the multipliers are 35p for retail properties under £51,000, 50.2p standard, and 51.5p for rateable values over £100,000 (Welsh Government).
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