Business rates in Greenwich

2,553 retail, hospitality and leisure premises across 302 streets, each checked against the 2026 rating list. Pick your street below.

London›Greenwich
Premises assessed
2,553
Median rateable value
£14,250
Streets covered
302

In Greenwich, 557 of 2,553 shops, cafés, restaurants and leisure premises (21.8%) 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).

1,033 (40.5%) 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 Greenwich?

A typical Greenwich shop or restaurant on the 2026 list has a rateable value of £14,250. At the 2026/27 small retail, hospitality and leisure multiplier of 38.2p that is about £5,444 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 Greenwich pay no business rates?

1,033 of the 2,540 retail, hospitality and leisure premises in Greenwich (40.7%) 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 12.4% sit in the tapered band. The bill shows whether the relief has been claimed.

How much did rateable values change in Greenwich at the 2026 revaluation?

The typical change against the 2023 list is +9.1%. 21.9% of premises rose by 25% or more and 12.2% fell. 175 premises moved from £12,000 or below to above it, which is what supporting small business relief 2026 is for.

Which reliefs should a Greenwich 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 93 pubs in Greenwich, the 15% pubs and live music venues relief. Send the address and we tell you which apply, free.

WHAT THE PUBLIC RECORD SHOWS FOR GREENWICH
Premises typeCountShare
Retail 2,132 83.5%
Hospitality 317 12.4%
Leisure 104 4.1%

Flags across Greenwich

FlagPremisesShare
Rateable value inside the full small business relief band 1,033 40.5%
Rateable value inside the tapered band 290 11.4%
Rate per m² above the street median for comparable use 172 6.7%
Valuation rose 25% or more at the 2026 revaluation 557 21.8%
Valuation fell 25% or more at the 2026 revaluation 44 1.7%
Nothing flagged from public data. Needs the bill 805 31.5%

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 Greenwich

The spread of rateable values across Greenwich, 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 2,540 £9,800 £14,250 £29,000
Retail 2,121 £9,400 £13,000 £23,750
Hospitality 316 £14,188 £28,375 £84,250
Leisure 103 £17,750 £44,750 £125,500

Value per square metre in Greenwich

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 2,381 £240 £300 £375
Retail 2,100 £250 £300 £375
Hospitality 206 £250 £350 £500
Leisure 75 £42 £58 £148

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 Greenwich

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. 107 of 302 qualify.

#Street Premises Median £/m² Median RV
1 Soames Walk SE10 7 £1,700 £18,250
2 Greenwich Town Centre SE10 7 £1,250 £91,000
3 Greenwich Church Street SE10 37 £900 £40,000
4 Nelson Road SE10 17 £785 £42,000
5 College Approach SE10 8 £750 £22,500
6 King William Walk SE10 7 £725 £88,500
7 Blackheath Village SE3 5 £670 £30,750
8 Peninsula Square SE10 10 £650 £111,500
9 Turnpin Lane SE10 8 £575 £12,250
10 Creek Road SE10 8 £525 £44,250
11 Bugsbys Way SE10 7 £520 £173,000
12 Twin Tumps Way SE28 5 £515 £119,750
13 Greenwich High Road SE10 36 £500 £26,375
14 Greenwich Market SE10 26 £500 £16,625
15 Trafalgar Road SE10 100 £475 £14,750
16 Macbean Street SE18 6 £450 £19,875
17 Lovibond Lane SE10 5 £440 £16,250
18 Beresford Square SE18 12 £428 £13,750
19 Greenwich South Street SE10 25 £425 £12,250
20 Woolwich New Road SE18 36 £410 £13,750
STREETS IN GREENWICH

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Questions this data tends to raise

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.