OFFICE SPACE / ENGLAND
Office space in Hertsmere
Where the offices are in Hertsmere, which areas cost less, and what business rates would be, from the Valuation Office's official figures. These count offices, occupied or empty; they are not listings.
- OFFICES (2026)
- About 970
- SERVICED OFFICES (2026)
- About 250
- RATEABLE VALUE PER M² (2025)
- £217
- AREAS
- 13
Where the offices are
The areas of Hertsmere with the most office premises: the most choice.
| Area | Offices (2026) | Office floorspace | Rateable value per m² |
|---|---|---|---|
| Borehamwood Hillside | 270 | 35,000 m² | £137about 9% above the Hertsmere average |
| Potters Bar Parkfield | 190 | 27,000 m² | £126about the Hertsmere average |
| Borehamwood Brookmeadow | 120 | 7,000 m² | £126about the Hertsmere average |
| Elstree & Aldenham | 80 | 15,000 m² | £143about 13% above the Hertsmere average |
| Radlett | 70 | 4,000 m² | £149about 18% above the Hertsmere average |
| Potters Bar Furzefield | 60 | 5,000 m² | £116about 8% below the Hertsmere average |
| Shenley & South Mimms | 50 | 9,000 m² | £115about 9% below the Hertsmere average |
| Borehamwood Kenilworth | 40 | 38,000 m² | £122about the Hertsmere average |
| Bushey Central | 40 | 6,000 m² | £70about 44% below the Hertsmere average |
| Bushey Heath | 30 | 9,000 m² | £126about the Hertsmere average |
| Potters Bar Oakmere | 20 | 4,000 m² | £128about the Hertsmere average |
| Bushey North | 10 | 4,000 m² | £92about 27% below the Hertsmere average |
Lower-cost office areas
Areas with at least 50 offices and a rateable value per m² at least 15% below the Hertsmere average.
No area with many offices is noticeably cheaper than the council average.
Business rates
What would the business rates be?
A year's bill in England, 2026 to 2027, before any relief other than small business rate relief.
About £10,735 a year.
A rateable value of about £24,850 (the Hertsmere average for offices, raised by the average 2026 revaluation rise), times the small business multiplier of 43.2p.
A guide only: the council sends the bill, and transitional relief, other reliefs and the actual valuation change it. Find a property's rateable value with Find a business rates valuation. Sources: gov.uk, gov.uk.
Where to find premises for sale or to let
- Find a business rates valuation
Rateable values of offices in a council: choose Advanced, special category 203.
- Government Property Finder
Public-sector buildings and land for sale or to let.
- Rightmove Commercial
Offices from agents, for sale and to let.
- LoopNet UK
Offices from agents, for sale and to let.
Looking near a particular street? Search by postcode.
Other councils in England with many offices
About these figures
- Office premises are the rated offices the Valuation Office counts, occupied or empty, on 31 March 2026: how much office space an area has, not what is on the market today. Counts are rounded to the nearest 10, and small numbers are not published.
- Rateable value is the Valuation Office's estimate of a year's open-market rent on a past valuation date, not an asking price or rent, and leaves out service charges and VAT. The area figures are for 2023; use them to compare areas, not to budget.
- Areas are ONS middle-layer super output areas, of about 7,000 residents each.
Contains public sector information licensed under the Open Government Licence v3.0 (Valuation Office, HMRC). Source: Office for National Statistics, licensed under the Open Government Licence v3.0; contains OS data © Crown copyright and database right 2026, and Royal Mail data © Royal Mail copyright and database right 2026. Area names: House of Commons Library, Open Parliament Licence.