OFFICE SPACE / ENGLAND

Office space in Reading

Where the offices are in Reading, 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 1,680
SERVICED OFFICES (2026)
About 400
RATEABLE VALUE PER M² (2025)
£238
AREAS
19

Where the offices are

The areas of Reading with the most office premises: the most choice.

AreaOffices (2026)Office floorspaceRateable value per m²
Central Reading North700253,000 m²£214about 6% above the Reading average
Central Reading South35071,000 m²£188about 6% below the Reading average
Kennet Island & Green Park32093,000 m²£220about 9% above the Reading average
Whitley Wood6043,000 m²£167about 17% below the Reading average
Battle & Caversham Bridge4014,000 m²£180about 10% below the Reading average
Lower Caversham404,000 m²£116about 42% below the Reading average
Southampton Street & Redlands Road406,000 m²£154about 23% below the Reading average
Caversham Heights301,000 m²£133about 34% below the Reading average
Wokingham Road303,000 m²£128about 36% below the Reading average
Palmer Park2010,000 m²£136about 32% below the Reading average
Caversham Balmore Park103,000 m²£147about 27% below the Reading average
Norcot South100 m²£100about 50% below the Reading average
Southcote103,000 m²£110about 45% below the Reading average
Tilehurst North101,000 m²£108about 46% below the Reading average
Tilehurst South102,000 m²£89about 56% below the Reading average

Lower-cost office areas

Areas with at least 50 offices and a rateable value per m² at least 15% below the Reading average.

AreaOffices (2026)Office floorspaceRateable value per m²
Whitley Wood6043,000 m²£167about 17% below the Reading 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 £11,772 a year.

A rateable value of about £27,250 (the Reading 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

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.