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Harrods Sees £15 Million Drop in Rateable Value as Business Rates Revaluation Takes Effect

Industrial Has Fared Worst With Park Royal Seeing a 30% Hike
Harrods. (CoStar)
Harrods. (CoStar)
CoStar News
November 21, 2022 | 2:41 P.M.

Iconic London department stores Harrods will see its rateable value plummet 45% from £32.73 million to £18 million in April, according to ratings advisory group Altus.

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