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Parking: Valuation

Volume 476: debated on Monday 2 June 2008

To ask the Secretary of State for Communities and Local Government whether the number of parking spaces within the curtilage of a retail development is taken into account by the Valuation Office Agency and contributes as a value significant or site positive feature towards its rateable value. (207565)

The presence and number of car parking spaces within the curtilage of a retail development is a factor likely to contribute to its rental value, and—to the extent that it does—therefore to be taken into account in arriving at rateable value.