"Being based in Havering is perfect. We have lower costs that
enable us to be very competitive plus a great entrepreneurial spirit.”
The benefits of Havering’s location and accessibility cannot be emphasised enough. Its mean rateable value of service space of £68 per square metre is significantly below the London average of £98.50 per square metre (2008). All of this combined presents a major advantage for businesses looking to set up or relocate here.
Retail | Office | Industrial | Other | |
---|---|---|---|---|
Rateable value (£millions) |
Havering 77 London 3,978 |
Havering 19 London 7,456 |
Havering 37 London 1,426 |
Havering 10 London 621 |
Floor space (m2) | Havering 516 London 16,597 |
Havering 154 London 26,655 |
Havering 670 London 21,115 |
Havering 108 London 4,749 |
RV per m2, £/m2 | Havering 149 London 235 |
Havering 124 London 280 |
Havering 56 London 68 |
Havering 88 London 131 |
Valuation Office Agency (VOA)