Business Rateable Values increase by 26% in Bristol

In 2023 the Rateable Value of businesses in Bristol was £550 million.

In April 2026 this figure is £693 million.

This is an increase of 26%

Rateable Value and Business Rates

The "Rateable Value" is not the same as the "Business Rates" bill that businesses have to pay. A combination of multipliers and relief schemes will determine the actual bill that a business has to pay.

From: Estimate your business rates

In this report I will show estimated business rates bills based on the "Standard" multiplier. It will not reflect the lower multipliers applicable to businesses that can use the "Retail, hospitality and leisure" multipliers. Also, this calculation will not take relief schemes into account. There is a special scheme for "Pubs and Live Music Venues".

Changes Between 2023 and 2026

Categories by Number Of Premises

There are 4,150 premises in Bristol in the "SHOPS AND PREMISES" Category
Valuations for this category have increased by 16.6%
A "Standard" rates bill for this category has increased by 4.5%

Categories by Valuation Change

Special Category Code (SCAT) by Premises

Special Category Code (SCAT) by Valuation Change

Not all premises have a SCAT Code, which is why the totals may vary from the Categories data.

Biggest Valuation Changes for Individual Businesses (Top 10)

4 Car Spaces at 30 Whiteladies Road

The rateable value of these parking spaces has increased by 1400% from £480 to £7,200

2023 Valuation

2026 Valuation

Bristol Rovers and Bristol City

Bristol Rovers are the winners with a reduction in rateable value of 2%, whilst Ashton Gate has increased by 126%

Public Houses

Rateable values have increased by almost 50%

The Coronation Pub

Ben Cheshire, the landlord of The Coronation was in the news recently where he spoke about the Council Fee for running a community event rose from £50 to £500. The increase in rateable values will make it even harder for community pubs to survive.

Ben is running a community fundraiser to help cover the costs of the event.

Hello! We at The Coronation have been organising the annual Kingston road street party since 2022. A completely free event with music and entertainment for the community of all ages to enjoy, attracting hundreds of people from all walks of life.

We normally have a children's magic show at the start of the event, followed by music acts of a mix genres including two show of a full samba bands playing throughout the day. Finishing the evening with a silent disco.

The Coronation in the past has always self funded the street party, but this year unfortunately Bristol city council have increased the fee to use the street. It has gone from £25 each year to over £500 of admin fees. This is before any money has been paid out to the artists who play or our terrific sound and staging technician.

The current Labour government are also about to implement over a 100% increase in business rates and alongside other costs across the board, small independent local places like ours are struggling and need your support now more than ever.We cannot afford to fund the whole event any longer, this is why we are asking support from the public to help fund this free community event. So we can make sure every artist is paid for there performance and all the public can have a bloody good time enjoying themselves all day.

We appreciate any donation you can spare, big or small to help make this free community event come to life. Thank you. The Coronation

The Bristol Beacon

Meanwhile The Bristol Beacon has seen no increase in the rateable value since 2023, whilst Bristol pubs have seen their rateable values increase by £4.6 Million during the same period.

Winners

Here are some of the businesses who have seen their rateable values drop dramatically since 2023

Wards

You can explore these reports yourself at BU Reports. Look for "Bristol Business Rates".