Business rates in City of London

1,768 retail, hospitality and leisure premises across 304 streets, each checked against the 2026 rating list. Pick your street below.

London›City of London
Premises assessed
1,768
Median rateable value
£73,500
Streets covered
304

In City of London, 126 of 1,768 shops, cafés, restaurants and leisure premises (7.1%) saw their rateable value rise by 25% or more at the April 2026 revaluation, according to our analysis of the 2026 rating list (data as of August 2026).

45 (2.5%) have a rateable value of £12,000 or less, the band where small business rate relief can take the bill to nil, on rateable value alone.

How much are business rates in City of London?

A typical City of London shop or restaurant on the 2026 list has a rateable value of £73,500. At the 2026/27 small retail, hospitality and leisure multiplier of 38.2p that is about £28,077 a year before any relief. Small business rate relief, transitional relief and supporting small business relief can reduce it, in some cases to nil. What is actually on a bill only the bill shows.

How many shops in City of London pay no business rates?

45 of the 1,756 retail, hospitality and leisure premises in City of London (2.6%) have a 2026 rateable value of £12,000 or below. That is the band where small business rate relief can take the bill to nil, for an occupier of one property. A further 1.7% sit in the tapered band. The bill shows whether the relief has been claimed.

How much did rateable values change in City of London at the 2026 revaluation?

The typical change against the 2023 list is +4.7%. 7.2% of premises rose by 25% or more and 42.5% fell. 9 premises moved from £12,000 or below to above it, which is what supporting small business relief 2026 is for.

Which reliefs should a City of London shop or café check in 2026/27?

Four. Small business rate relief, which has to be claimed. The retail, hospitality and leisure multiplier, which depends on how the council has coded the property. Transitional relief and supporting small business relief, which cap the rise after the revaluation and should appear automatically. And for the 136 pubs in City of London, the 15% pubs and live music venues relief. Send the address and we tell you which apply, free.

Go straight to your premises in City of London

Faster than scrolling the list below. Type the street or the postcode.

Public data only. We do not ask for your rates bill, and there is nothing to upload.

WHAT THE PUBLIC RECORD SHOWS FOR CITY OF LONDON
Premises typeCountShare
Retail 1,042 58.9%
Hospitality 629 35.6%
Leisure 97 5.5%

Flags across City of London

FlagPremisesShare
Rateable value inside the full small business relief band 45 2.5%
Rateable value inside the tapered band 26 1.5%
Rate per m² above the street median for comparable use 118 6.7%
Valuation rose 25% or more at the 2026 revaluation 126 7.1%
Valuation fell 25% or more at the 2026 revaluation 25 1.4%
Nothing flagged from public data. Needs the bill 1,457 82.4%

A flag records where a premises sits in the public record. It is not a finding that a bill is wrong. The bill itself shows which reliefs and which multiplier were applied. Source: 2026 rating list, data as of August 2026.

Rateable values in City of London

The spread of rateable values across City of London, by type of premises. If yours sits well outside the range for its type, that is worth understanding. On its own it is not evidence of an error.

Premises typePremises Lower quartileMedian Upper quartile
All retail, hospitality and leisure 1,756 £39,500 £73,500 £132,000
Retail 1,033 £33,000 £61,500 £101,000
Hospitality 626 £56,000 £95,500 £173,000
Leisure 97 £43,750 £121,000 £219,000

Value per square metre in City of London

Rateable values are largely built from a rate per square metre applied to the trading area. That rate is what decides your valuation. It is published only in the detailed valuations, premises by premises. The summary below is ours.

Premises typeWith published area Lower quartileMedian Upper quartile
All retail, hospitality and leisure 1,513 £570 £1,045 £1,500
Retail 1,035 £895 £1,265 £1,550
Hospitality 392 £430 £578 £870
Leisure 86 £186 £348 £446

Per square metre of floor area (NIA), from the published detailed valuations. Premises without a published area are not counted.

The most valuable retail streets in City of London

Streets ranked by the median value per square metre of their retail, hospitality and leisure premises. Only streets with at least five premises with a published area are ranked. 97 of 304 qualify.

#Street Premises Median £/m² Median RV
1 Royal Exchange EC3V 32 £2,100 £60,500
2 Royal Exchange EC3Y 9 £2,100 £57,000
3 Blomfield Street EC2M 8 £2,075 £91,000
4 Old Broad Street EC2M 13 £2,065 £114,000
5 Moorgate EC2M 15 £1,995 £98,500
6 Bow Lane EC4M 24 £1,960 £58,500
7 London Wall EC2M 26 £1,850 £92,250
8 Bank Station EC3V 5 £1,830 £15,250
9 Bishopsgate EC2M 26 £1,770 £170,000
10 Eldon Street EC2M 8 £1,730 £122,000
11 Cannon Street EC4N 43 £1,695 £88,250
12 Cornhill EC3V 15 £1,650 £100,000
13 Liverpool Street Station EC2M 32 £1,635 £104,000
14 Moorgate EC2R 13 £1,615 £78,000
15 Throgmorton Street EC2N 7 £1,570 £59,500
16 Cheapside Passage EC2V 5 £1,530 £133,000
17 New Change Passage EC4M 12 £1,530 £95,000
18 Paternoster Row EC4M 8 £1,530 £158,000
19 Eastcheap EC3M 23 £1,520 £77,500
20 Cheapside EC2V 52 £1,500 £97,000
STREETS IN CITY OF LONDON

A

Abchurch Yard EC4N 1 Adams Court EC2N 1 Aldersgate Street EC1A 12 Aldgate EC3N 2 Aldgate High Street EC3N 16 Aldgate Square EC3N 1 America Square EC3N 2 Angel Court EC2R 4 Angel Lane EC4R 1 Artillery Lane E1 11 Austin Friars EC2N 5 Ave Maria Lane EC4M 2

B

Bank Station EC3V 5 Barbican EC2Y 5 Barbican Station EC1Y 1 Bartholomew Close EC1A 4 Bartholomew Lane EC2N 1 Basinghall Street EC2V 5 Beech Street EC1Y 1 Bell Inn Yard EC3V 1 Bevis Marks EC3A 6 Birchin Lane EC3V 2 Bishopgate EC2N 3 Bishopsgate EC2M 32 Bishopsgate EC2N 21 Blackfriars Lane EC4V 1 Blackfriars Station EC4V 2 Blomfield Street EC2M 8 Bloomberg Arcade EC4N 7 Botolph Alley EC3R 4 Bouverie Street EC4Y 1 Bow Churchyard EC4M 3 Bow Lane EC4M 24 Bread Street EC4M 4 Bride Court EC4Y 3 Bride Lane EC4Y 4 Bridewell Place EC4V 1 Broadgate EC2M 3 Broadgate Circle EC2M 12 Broadgate Plaza EC2M 2 Brushfield Street E1 7 Bulls Head Passage EC3V 3 Bury Street EC3A 3 Bush Lane EC4R 3 Byward Street EC3R 10

C

Cannon Street EC4M 2 Cannon Street EC4N 46 Cannon Street EC4R 1 Cannon Street EC4V 2 Carter Lane EC4V 10 Carthusian Street EC1M 4 Castle Baynard Street EC4V 1 Castle Court EC3V 4 Central Markets Smithfield EC1A 9 Chancery Lane EC2A 1 Chancery Lane EC4A 1 Chancery Lane WC2A 7 Change Alley EC3V 1 Cheapside EC2V 52 Cheapside Passage EC2V 5 Chiswell Street EC1Y 1 Cloth Fair EC1A 5 Cloth Street EC1A 1 Coleman Street EC2R 5 Coleman Street EC2V 4 College Hill EC4R 2 Coopers Row EC3N 2 Copthall Avenue EC2R 9 Cornhill EC3V 19 Cousin Lane EC4R 2 Creechurch Lane EC3A 6 Creechurch Lane EC3N 1 Creechurch Place EC3A 1 Creed Lane EC4V 1 Crosby Square EC3A 1 Crosswall EC3N 1 Crutched Friars EC3N 5 Cullum Street EC3M 10 Cutler Street E1 2

D

Deans Court EC4V 1 Devonshire Row EC2M 10 Devonshire Square EC2M 13 Dorset Rise EC4V 1 Dowgate Hill EC4N 1 Dowgate Hill EC4R 1

E

Eastcheap EC3M 25 Eastcheap EC3V 1 Eldon Street EC2M 9 Exchange Square EC2A 2

F

Farringdon Street EC4A 13 Fenchurch Avenue EC3M 5 Fenchurch Place EC3M 6 Fenchurch Street EC2M 1 Fenchurch Street EC3M 38 Fenchurch Street Station EC3M 4 Fetter Lane EC1N 1 Fetter Lane EC4A 16 Finch Lane EC3V 1 Finsbury Avenue EC2M 9 Fish Street Hill EC3R 8 Fleet Place EC4M 7 Fleet Street EC4A 24 Fleet Street EC4Y 39 Fore Street Avenue EC2Y 1 Foster Lane EC2V 5 Fredericks Place EC2R 1 Furnival Street EC2A 1

G

Garlick Hill EC4V 5 Godliman Street EC4V 1 Golden Lane EC1Y 1 Golden Lane Estate EC1Y 1 Goodmans Yard E1 1 Goring Street EC3A 1 Goswell Road EC1M 15 Gough Square EC4A 2 Gracechurch Street EC3V 19 Gravel Lane E1 2 Great New Street EC4A 9 Great St Helens EC3A 1 Great St Thomas Apostle EC4R 1 Great St Thomas Apostle EC4V 1 Great Tower Street EC3R 9 Gresham Street EC2V 13 Groveland Court EC4M 1 Gutter Lane EC2V 3

H

Harrow Place E1 10 Hart Street EC3R 3 Haydon Street EC3N 1 Heneage Lane EC3A 1 High Holborn WC1V 12 High Timber Street EC4V 1 Holborn EC1N 8 Holborn Circus EC1N 4 Holborn Viaduct EC1A 2 Holborn Viaduct EC1P 1 Houndsditch EC3A 15

I

India Street EC3N 1 Ironmonger Lane EC2V 2

J

Jewry Street EC3N 3

K

King William Street EC4N 9 King William Street EC4R 8 Knightrider Street EC4V 2

L

Leadenhall Market EC3V 39 Leadenhall Place EC3M 1 Leadenhall Street EC3A 12 Leadenhall Street EC3V 7 Lime Street EC3M 17 Lime Street Passage EC3V 1 Lime Street Square EC3M 1 Limeburner Lane EC4M 1 Little Britain EC1A 6 Little Somerset Street E1 2 Little Trinity Lane EC4V 1 Liverpool Street EC2M 36 Liverpool Street Station EC2M 33 Lloyds Avenue EC3N 1 Lombard Court EC3V 1 Lombard Street EC3V 11 London Bridge EC4R 1 London Street EC3A 1 London Street EC3R 3 London Wall EC2M 26 London Wall EC2R 1 London Wall EC2Y 4 London Wall Place EC2Y 1 Long Lane EC1A 21 Lovat Lane EC3R 3 Lower Thames Street EC3R 7 Ludgate Broadway EC4V 3 Ludgate Circus EC4M 7 Ludgate Hill EC4A 1 Ludgate Hill EC4M 28 Ludgate Hill EC4N 2 Ludgate Square EC4M 5

M

Mansell Street E1 7 Mansion House Station EC4N 1 Mark Lane EC3R 6 Martin Lane EC4R 1 Masons Avenue EC2V 6 Middle Street EC1A 1 Middlesex Street E1 29 Mincing Lane EC3A 1 Mincing Lane EC3M 2 Mincing Lane EC3N 1 Mincing Lane EC3P 1 Minories EC3N 27 Minster Court EC3R 1 Mitre Street EC3A 1 Montague Street EC1A 1 Monument Street EC3R 4 Moorfields EC2Y 3 Moorgate EC2M 15 Moorgate EC2R 15 Moorgate Station EC2M 1 Moorgate Station Arcade EC2M 2

N

Nevill Lane EC4A 3 New Bridge Street EC4M 2 New Bridge Street EC4V 15 New Change EC4M 2 New Change Passage EC4M 12 New Fetter Lane EC4A 1 New London Street EC3R 4 New Street EC2M 3 New Street Square EC4A 1 Newgate Street EC1A 9 Norton Folgate E1 3 Norwich Street EC4A 1

O

Octagon Mall EC2M 5 Old Bailey EC4M 6 Old Broad Street EC2M 14 Old Broad Street EC2N 22 Old Change Court EC4M 1 Old Jewry EC2R 3

P

Paternoster Row EC4M 8 Paternoster Square EC4M 11 Pepys Street EC3N 3 Philpot Lane EC3M 4 Pilgrim Street EC4V 1 Plough Place EC4A 4 Poppins Court EC4A 2 Portsoken Street E1 1 Poultry EC2R 6 Printer Street EC4A 1 Priory Court EC4V 1 Pudding Lane EC3R 1

Q

Queen Street EC4N 7 Queen Street EC4R 3 Queen Street Place EC4R 1 Queen Victoria Street EC4M 1 Queen Victoria Street EC4N 10 Queen Victoria Street EC4P 1 Queen Victoria Street EC4V 12 Queens Head Passage EC4M 4

R

Rood Lane EC3M 3 Ropemaker Street EC2Y 13 Royal Exchange EC3V 32 Royal Exchange EC3Y 9 Royal Exchange Buildings EC3V 4 Russia Row EC2V 1

S

Savage Gardens EC3N 1 Seething Lane EC3N 2 Serjeants Inn EC4Y 1 Sherborne Lane EC4N 1 Ship Tavern Passage EC3V 3 Shoe Lane EC4A 1 Silk Street EC2Y 2 Sky Garden Walk EC3M 1 Smithfield Street EC1A 8 South Place EC2M 2 St Andrews Hill EC4V 5 St Bride Street EC4A 6 St Brides Passage EC4Y 1 St Dunstans Hill EC3R 1 St Georges Lane EC3R 1 St Helens Place EC3A 1 St James's Passage EC3A 1 St Martins-le-grand EC1A 2 St Martins-le-grand EC2V 2 St Mary At Hill EC3R 4 St Mary Axe EC3A 14 St Michaels Alley EC3V 2 St Pauls Churchyard EC4M 7 St Pauls Churchyard EC4V 5 St Pauls Station EC2V 2 St Pauls Station EC4M 1 St Swithins Lane EC4M 2 St Swithins Lane EC4N 5 Stoney Lane EC3A 2 Suffolk Lane EC4R 2 Swan Lane EC4R 1 Swedeland Court EC2M 1

T

Talbot Court EC3V 1 Telegraph Street EC2R 4 Temple EC4Y 1 Temple Avenue EC4Y 1 Threadneedle Street EC2N 1 Threadneedle Street EC2P 1 Threadneedle Street EC2R 6 Throgmorton Avenue EC2N 1 Throgmorton Street EC2N 10 Tooks Court EC4A 1 Tower Hill EC3R 5 Tower Place EC3R 1 Trinity Square EC3N 3 Trump Street EC2V 1 Tudor Street EC4Y 6

U

Upper Cheapside Passage EC2V 9 Upper Thames Street EC4V 4

V

Vine Street EC3N 3

W

Walbrook EC4N 3 Wardrobe Place EC4V 1 Watling Street EC4M 17 Watling Street EC4V 1 Well Court EC4M 3 West Smithfield EC1A 18 White Kennet Street E1 3 Whitecross Street EC1Y 1 Whitefriars Street EC4Y 1 Whittington Avenue EC3V 2 Widegate Street E1 8 Wine Office Court EC4A 3 Wood Street EC2P 1 Wood Street EC2V 4 Wormwood Street EC2M 5

Questions this data tends to raise

My shop rateable value seems higher than my neighbours. What can I do?Business rates help for restaurants in London: where do I start?How do I know if I am paying too much business rates for my shop?
One flat fee: 15% of the savings we secure, confirmed in writing by the council. Nothing saved, nothing to pay.

If there's nothing to save, we say so.