Business rates in Lambeth

3,697 retail, hospitality and leisure premises across 296 streets, each checked against the 2026 rating list. Pick your street below.

London›Lambeth
Premises assessed
3,697
Median rateable value
£17,500
Streets covered
296

In Lambeth, 845 of 3,697 shops, cafés, restaurants and leisure premises (22.9%) 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).

1,018 (27.5%) 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 Lambeth?

A typical Lambeth shop or restaurant on the 2026 list has a rateable value of £17,500. At the 2026/27 small retail, hospitality and leisure multiplier of 38.2p that is about £6,685 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 Lambeth pay no business rates?

1,018 of the 3,689 retail, hospitality and leisure premises in Lambeth (27.6%) 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 14.3% sit in the tapered band. The bill shows whether the relief has been claimed.

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

The typical change against the 2023 list is +15.4%. 22.9% of premises rose by 25% or more and 1.8% fell. 374 premises moved from £12,000 or below to above it, which is what supporting small business relief 2026 is for.

Which reliefs should a Lambeth 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 161 pubs in Lambeth, the 15% pubs and live music venues relief. Send the address and we tell you which apply, free.

WHAT THE PUBLIC RECORD SHOWS FOR LAMBETH
Premises typeCountShare
Retail 3,037 82.1%
Hospitality 544 14.7%
Leisure 116 3.1%

Flags across Lambeth

FlagPremisesShare
Rateable value inside the full small business relief band 1,018 27.5%
Rateable value inside the tapered band 488 13.2%
Rate per m² above the street median for comparable use 343 9.3%
Valuation rose 25% or more at the 2026 revaluation 845 22.9%
Valuation fell 25% or more at the 2026 revaluation 16 0.4%
Nothing flagged from public data. Needs the bill 1,382 37.4%

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 Lambeth

The spread of rateable values across Lambeth, 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 3,689 £11,500 £17,500 £35,750
Retail 3,033 £11,000 £15,750 £26,500
Hospitality 542 £19,562 £42,875 £104,750
Leisure 114 £25,750 £70,500 £160,000

Value per square metre in Lambeth

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 3,450 £400 £475 £650
Retail 3,023 £400 £475 £625
Hospitality 348 £400 £525 £791
Leisure 79 £133 £190 £290

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 Lambeth

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. 95 of 296 qualify.

#Street Premises Median £/m² Median RV
1 Waterloo Br Station SE1 30 £3,800 £184,000
2 South Bank SE1 6 £1,750 £458,750
3 Vauxhall B.r Station SW8 5 £1,500 £9,200
4 Clapham Common Southside SW4 35 £1,250 £40,000
5 Waterloo Road SE1 14 £1,250 £101,500
6 The Pavement SW4 28 £1,100 £44,250
7 Abbeville Road SW4 40 £1,000 £35,250
8 Clapham High Street SW4 107 £1,000 £48,750
9 Venn Street SW4 7 £1,000 £23,250
10 Waterloo Station SE1 44 £975 £31,375
11 The Polygon SW4 7 £900 £32,750
12 Old Town SW4 17 £850 £36,125
13 Belvedere Road SE1 21 £800 £128,000
14 North Street SW4 14 £800 £18,500
15 Brixton Road SW9 275 £769 £14,750
16 Brixton Station Road SW9 55 £750 £17,125
17 Electric Avenue SW9 34 £750 £33,125
18 Lambeth Palace Road SE1 10 £750 £64,000
19 Lower Marsh SE1 53 £750 £28,500
20 The Cut SE1 15 £750 £38,250
STREETS IN LAMBETH

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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.