Commercial property in Fallbank Industrial Estate.

On top of rent or purchase price, occupiers in Fallbank Industrial Estate should budget for business rates — a tax on most non-domestic property set by multiplying the property’s rateable value (RV) by the national multiplier, then applying any reliefs (such as Small Business Rate Relief).

Rateable values are set by the Valuation Office Agency and reflect estimated open-market rent, so they broadly track the Fallbank Industrial Estate rental levels shown above. Service charges, buildings insurance, EPC compliance and fit-out are additional costs to factor in before committing to a lease or purchase.