Business rates in Kensington and Chelsea

3,845 retail, hospitality and leisure premises across 299 streets, each checked against the 2026 rating list. Pick your street below.

London›Kensington and Chelsea
Premises assessed
3,845
Median rateable value
£49,250
Streets covered
299

In Kensington and Chelsea, 1,392 of 3,845 shops, cafés, restaurants and leisure premises (36.2%) 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).

409 (10.6%) 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 Kensington and Chelsea?

A typical Kensington and Chelsea shop or restaurant on the 2026 list has a rateable value of £49,250. At the 2026/27 small retail, hospitality and leisure multiplier of 38.2p that is about £18,814 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 Kensington and Chelsea pay no business rates?

409 of the 3,842 retail, hospitality and leisure premises in Kensington and Chelsea (10.6%) 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 2.6% sit in the tapered band. The bill shows whether the relief has been claimed.

How much did rateable values change in Kensington and Chelsea at the 2026 revaluation?

The typical change against the 2023 list is +20.3%. 36.2% of premises rose by 25% or more and 2.6% fell. 74 premises moved from £12,000 or below to above it, which is what supporting small business relief 2026 is for.

Which reliefs should a Kensington and Chelsea 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 89 pubs in Kensington and Chelsea, the 15% pubs and live music venues relief. Send the address and we tell you which apply, free.

WHAT THE PUBLIC RECORD SHOWS FOR KENSINGTON AND CHELSEA
Premises typeCountShare
Retail 2,908 75.6%
Hospitality 805 20.9%
Leisure 132 3.4%

Flags across Kensington and Chelsea

FlagPremisesShare
Rateable value inside the full small business relief band 409 10.6%
Rateable value inside the tapered band 90 2.3%
Rate per m² above the street median for comparable use 471 12.2%
Valuation rose 25% or more at the 2026 revaluation 1,392 36.2%
Valuation fell 25% or more at the 2026 revaluation 5 0.1%
Nothing flagged from public data. Needs the bill 1,761 45.8%

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 Kensington and Chelsea

The spread of rateable values across Kensington and Chelsea, 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 3,842 £26,062 £49,250 £100,000
Retail 2,906 £23,500 £42,000 £78,500
Hospitality 805 £47,250 £85,500 £160,000
Leisure 131 £27,250 £63,500 £152,500

Value per square metre in Kensington and Chelsea

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 3,575 £800 £1,205 £1,800
Retail 2,903 £925 £1,400 £2,000
Hospitality 563 £575 £775 £1,020
Leisure 109 £275 £460 £635

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 Kensington and Chelsea

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. 99 of 299 qualify.

#Street Premises Median £/m² Median RV
1 Sloane Street SW1X 71 £8,000 £557,500
2 Hans Crescent SW1X 5 £4,250 £327,500
3 Symons Street SW3 5 £3,250 £166,000
4 Duke Of York Square SW3 31 £3,000 £222,000
5 Brompton Road SW3 99 £2,650 £143,500
6 Draycott Avenue SW3 20 £2,650 £116,500
7 Pelham Street SW7 16 £2,525 £65,000
8 Sloane Square SW1W 17 £2,500 £138,000
9 Beauchamp Place SW3 57 £2,300 £69,000
10 Hans Road SW3 5 £2,300 £116,000
11 Westbourne Grove W11 72 £2,300 £84,500
12 Montpelier Street SW7 6 £2,200 £88,250
13 Kings Road SW3 240 £2,000 £106,500
14 Lowndes Street SW1X 10 £2,000 £77,250
15 Pavilion Road SW3 5 £2,000 £64,500
16 Pembridge Road W11 37 £1,950 £57,500
17 Ledbury Road W11 28 £1,850 £53,250
18 Old Brompton Road SW7 76 £1,800 £74,000
19 Portobello Road W11 374 £1,800 £8,600
20 Walton Street SW3 61 £1,800 £61,250
STREETS IN KENSINGTON AND CHELSEA

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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.