Treasury written question – answered at on 10 December 2009.
To ask the Chancellor of the Exchequer what factors the Valuation Office Agency takes into account when making rating assessments for petrol filling stations; and if he will make a statement.
The Valuation Office Agency adopts the rental comparative method of valuation when valuing petrol filling stations for rating purposes. Valuations reflect the four main elements of a petrol filling station; the petrol sales forecourt, the forecourt shop, the car wash facilities and other sources of income from non-forecourt buildings such as workshops and showrooms and the like. The factors considered when making such a valuation include the fair maintainable throughputs and turnovers, which are derived from factors such as the location, layout of the site, and number of pumps.
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.