League table of region’s top rate payers is published
The region’s top business rate payers have been revealed in a league table.
Stuart Hicks, a director of Manchester-based property and rating consultancy Dunlop Heywood, has pulled together the figures.
And the rates have been worked out based on a property’s Rateable Value (RV).
The rateable value is its open market rental value, as of 1 April 2015, based on a valuation produced by the Valuation Office Agency.
And Sellafield power station in Cumbria has the biggest bill at £46.2m.
Manchester Airport came third with an RV £27.6m with fourth spot going to the education sector and The University of Manchester (RV £18.49).
The list includes an eclectic mix of sectors including power, education, motor industry, leisure and transport.
Manchester United pops up at No 15 for Old Trafford.
In the retail sector number one spot goes to Ikea in Warrington (RV £3.96m) followed by John Lewis Partnership, Cheadle Royal Retail Park, in Cheshire (RV £3.83m).
Third place goes to Marks & Spencer in Handforth (RV £3.45m).
The Trafford Centre just misses out on a top four position with Asda, and House of Fraser both putting in an appearance as the region’s top retail business rate payers.
