Cold stores (stand alone)
Source: gov.uk (2025-04-28)

This publication is intended for Valuation Officers. It may contain links to internal resources that are not available through this version.

1. Scope

1.1 The guidance in this section refers principally to stand alone cold stores.

1.2 The practice note provides detailed guidance as to how to apply the established basis of valuation in that instance.

1.3 Where cold or chill stores form part of a larger hereditament a factor of 1.3 or 1.15 respectively should normally be made to take account of the enhanced floor space value. These factors are not subject to the age and obsolescence allowances applicable to stand alone cold stores.

1.4 Smaller cold stores may be encountered, usually as a smaller chamber within or at the rear of buildings and may fall to be rated as part of the hereditament under the provisions of the relevant Valuation for Rating (Plant and Machinery) Regulations. See section 5 below.

2. List description and SCAT code

List description - Cold store and premises

Primary description code – CX

Special category code – 412 contractors and 413 rentals

Special category suffix – S

3. Responsible teams

This is a national specialist class dealt with by the National Valuation Unit.

4. Co-ordination

4.1 The class co-ordination team has overall responsibility for co-ordination of this class. The team are responsible for the approach to and accuracy and consistency of valuations.

4.2 The team will deliver practice notes describing the valuation basis for revaluation and provide advice as necessary during the life of the rating lists.

4.3 Caseworkers and referencers have a responsibility to
- follow the advice given at all times
- not depart from the guidance given on appeals or maintenance work, without approval from the co-ordination team
5. Legal framework

5.1 The valuation is by rentals comparison and there are no particular separate legal considerations for this class.

5.2 As referred to above there may be instances where small cold stores exist within buildings or at the rear of units. The general approach to considering rateability in such cases is as follows:

If the item is ‘plant’ rather than part of the ‘premises’ the Plant and Machinery Regulations (SI 2000 No. 540) may apply under Class 4, Table 4 ‘chambers’ for example a ‘chamber’ used for cooling.

As a Table 4 item, Class 4 (a) and (d) provisions need to be considered

(a) Is it a structure?

(d) Is the item 400 cubic metres or more in volume or if not, is it readily capable of being re-erected elsewhere in its original state without substantial demolition of any of the surrounding structure?

5.3 When considering (d) above, if the freezer has a frost heave protected sub floor, it may mean that the floor would need to be destroyed to move the item as a whole and so it cannot be re-erected in its original state.

5.4 Chill stores will not normally have the frost protected floor and so this last point is unlikely to apply to them.

6. Survey requirements

6.1 The basis of measurement is Gross Internal Area (GIA). Reference should be made to the Code of Measuring Practice 6th edition or its replacement for guidance.

6.2 Surveys should record details of the main structure (s), in particular the type of cladding and its insulation qualities. The design working temperature, age and clear height of each chamber, along with eaves height should be noted.

6.3 Adequate information regarding all items of plant and machinery should be recorded, including those frequently found, such as compressors, electrics, air conditioning, support steel work, fire protection, security camera systems, etc. Details will be required not only to assess their effect on value, but also in the event of particulars being sought by the ratepayers or their agents under the relevant statutory provisions. Reference should also be made to Rating Manual: section 6 part 5 (https://www.gov.uk/guidance/rating-manual-section-6-chhallenges-to-the-rating-list/part-5-plant-and-machinery).

Description of the hereditament

6.4 Cold stores are generally of 2 types:

Purpose built cold stores. The most modern stores are usually simple steel framed buildings clad in corrugated aluminium sheeting, or more recently profiled steel plastic coated cladding and using polystyrene or urethane as an insulating material. From information now available it is clear that large cold stores can be built at costs below those constructed of traditional materials. Older cold stores were usually constructed on the framed principle in either ferro-concrete or steel, the brickwork infilling of hardbrick to reduce water soakage and frost damage. A wide variety of insulating materials were used including cork, glass wool and onozote.

Adapted cold stores, usually from a warehouse or similar, where the degree of adaption can vary considerably. A good conversion may be comparable with purpose-built accommodation, but some have disadvantages of which account must be taken.

6.5 There are 2 main user categories:

They may be used in a manner similar to ordinary warehousing. In this case the store will tend to comprise a number of chambers, probably operating at different temperatures to accommodate various classes of goods. Great importance is attached to the design of such stores so as to achieve maximum efficiency and to prevent contamination of one class of goods by another.

Those designed for use by an individual occupier for storage purposes in connection with his own trade or business. This category will usually comprise fewer chambers, perhaps only one, designed to accommodate a more limited variety of goods.

Physical features

6.6 The following matters are of interest in the valuation of cold stores:

a. a supply of water should be available, the cheaper the better

b. the ground should be suitable to receive the foundations and it is important that the ground should be free from surface water. Cases have been reported of serious defects brought about by “frost heave” caused through failure of the electric mat which is used where the floor of the cold store is in direct contact with the ground. Alternative methods of construction provide either an air space between the ground and the floor of the building or warm air ducting in the floor

c. Where the store is designed to have different chambers at different temperatures it is necessary to have internal insulation between floors and walls in addition to the main external insulation. The thickness of this insulation must be balanced against the capacity of the plant as there is a limit beyond which it is no longer worthwhile to increase the thickness of insulation as a small increase in the capacity of the plant would compensate for temperature losses. The insulation should be firmly fixed to the walls and protected by dunnage rails so that goods cannot be stored right up to the wall.

d.each chamber is provided with an airtight door and an airlock is sometimes provided to the main handling space. When chamber doors are open the circulation of air is minimised by a hanging sheet or, better, by a curtain of refrigerated air.

Methods of refrigeration and cooling

6.7 There are two main types of refrigerating machines, namely those where the refrigerant is compressed and absorption machines where refrigeration is effected by heating the refrigerant.

6.8 The mechanical compression machine is almost universally employed for cold storage purposes and the majority of plant is electrically driven.

6.9 Cooling of the chambers can be effected in four main ways although it is not uncommon to find a combination of these methods all in one cold store:

a. by direct expansion piping where the refrigerant expands through a regulating valve into a coil of pipes contained in the chamber itself

b. by brine circulation. In this method brine is cooled by means of direct expansion coils and is then pumped to coils in the cold chambers

c. by air circulation whereby air is pumped through direct expansion coils which are fitted with a brine sparge to the various chambers through trunking

d. liquid recirculation system. This is an extension of the direct expansion system but provides for more flexible operation. There are cooling coils in the chambers as for brine or direct expansion systems

6.10 Although the above summarises the main methods, variations may be found such as each chamber being provided with its own refrigerating unit which is cooled by brine circulation, the air in the chamber being continually recirculated through this unit.

6.11 All systems require cooling water for the condenser in the refrigerant circuit and this water is normally itself cooled by means of cooling towers or similar apparatus.

6.12 The direct expansion system is in fairly common use but is not very flexible in operation. The brine circulation system is more expensive both in operating and initial capital costs but is flexible in operation, it being comparatively easy to control temperatures in different chambers.

6.13 The air circulation system is cheapest in the first cost and has the advantage that no defrosting is necessary. This system results, however, in greater dehydration of the goods stored but it is necessary for certain classes of goods such as fruit.

6.14 The liquid recirculation system is superior to both the direct expansion and the brine circulation systems. Initial engine room costs are greater but the cost for cooling coils is no greater than for direct expansion or brine circulation systems. The operating costs are lower than for other systems unless used as a preliminary to air circulation. The liquid recirculation method is particularly useful for low temperature work.

6.15 Cold stores employing any system other than air circulation must be provided with systems of defrosting. This is effected either by the circulation of hot gas through the expansion coils or by the heating of the brine in the brine circulation system by means of a calorifier. Trays should be provided beneath the coils to drain away the melted “snow”. In some of the older cold stores the snow is removed manually but this is regarded as unsatisfactory today.

6.16 Cold stores for quick frozen products use freezers to freeze the incoming products before transfer to the cold storage chamber. Air blast freezers are the currently preferred type particularly for large tonnages of locally produced perishables.

6.17 An air blast freezer complemented with a humidity control system, adjustable for the different products to be frozen, reduces the moisture loss of the foodstuff and assists in maintaining the colour and texture of the produce until firmly frozen for the cold chamber.

Maintenance of buildings and plant

6.18 The life of cold store buildings in traditional construction is limited due to the moisture permeation problem since ice forms in the bricks and causes them to deteriorate. Refrigeration engineers generally consider that cold store buildings of traditional construction have a life of not more than 40 years.

6.19 The repair of insulation is a constant problem due to moisture permeating the insulation and ice building up, often forcing the insulation away from the wall. It is generally expected that after a period of 15 years insulation should be removed from the walls and replaced. It is not known yet whether these circumstances apply to polystyrene insulation.

6.20 The heaviest maintenance item in cold stores is in respect of chamber doors. These rapidly deteriorate since, unless the door frames are fitted with controlled electric heating cables, they tend to freeze shut and have to be forced open.

6.21 It is thought that the reasonable life of refrigerating machinery is about 25 years although much equipment has been in operation for periods considerably longer than this. However, after 25 years it is probable that the machinery is no longer an economic proposition.

Commercial operation

6.22 Goods in cold storage generally lose weight due to dehydration and this loss in weight is not the liability of the cold store operator. It is, however, obviously in his interests to keep this dehydration loss to a minimum in order to attract more customers. For the storage of certain classes of goods control of humidity in the air circulation system is important and for normal purposes humidity is kept between 75% and 80%.

6.23 In operating it is essential to leave space for good air circulation; thus the goods are stacked from ten to twelve centimetres above the floor. The height to which goods can be stacked depends on the handling equipment available but it is generally considered that the usable space extends to within 0.6m of the ceiling. The determination of this height is, however, complicated by roof beams, pipe coils and air circulation ducts.

Typical storage temperatures

6.24 European and National food hygiene regulations require most perishable raw materials to be stored at between -1° to 8°C. It is recommended that frozen foods for longer term storage should be kept in air temperatures between -20° to -28° C.

7. Survey capture

7.1 Plans and surveys should be stored in the property folder of the Electronic Documents Records Management (EDRM) system.

7.2 Rating surveys should be captured on the Rating Support Application (RSA).

8. Valuation approach

The relevant practice note to this section should be consulted for details of the appropriate basis of valuation to be adopted, both for the different types of cold store and for different Rating Lists.

9. Valuation support

Valuations are supported by the Rating Support Application (RSA), Survaid and the Non Bulk Server (NBS) plant and machinery template.

Practice note: 2023 - cold stores (stand alone)

1. Market appraisal

1.1 The cold storage industry covers three main sectors, frozen food, chilled foods and pharmaceuticals. Leading industry reports suggest the market for both cold and chilled produce has continued to expand since 2015. All sectors are predicted to grow over the next five years. Increased demand for frozen and chilled produce, and pharmaceuticals has continued to put pressure on available cold storage facilities in the UK.

1.2 The impact of the COVID pandemic on industrial property values was marked by considerable variation between sectors. In the cold storage industry media comment around the Antecedent Valuation Date (AVD) focused on the shortage of available cold store space as a result of a spike in demand.

1.3 Industry growth, regulatory changes and technological advances continue to provide stimulus for new development as witnessed by a number of leading operators expanding their cold storage facilities. This includes the development of a number of new large cold stores capable of storing in excess of 100,000 pallets. Many older colds stores have continued to operate, benefiting from refurbishment and upgrade.

2. Changes from the last practice note

The scheme of valuation follows the pattern applied in assessing cold stores for previous rating lists.

3. Ratepayer discussions

There have been no ratepayer discussions.

4. Valuation scheme

4.1 This scheme applies to stand-alone cold stores in England and Wales.

4.2 The basis of valuation is by rental comparison.

4.3 Rental evidence for cold stores is limited. It does however indicate an uplift in value over rental levels of equivalent ambient warehouses.

4.4 The local rental tone should be adopted but enhanced by a percentage that reflects the additional value of the cold store elements. The tone will be adjusted to reflect the individual characteristics of each property.

4.5 Appendix 1 details the uplifts to be made in respect of cold and chill store elements. These uplifts have been derived from the analysis of rents of purpose built cold stores.

4.6 An allowance should be made for age and obsolescence to reflect deterioration caused by low operating temperatures in cold store areas. This additional allowance should only be made against the cold store area and won’t apply to chill stores or other clean areas. The criteria for such allowances are shown in Appendix 2.

4.7 This note applies to stand alone cold stores only and not to cold or chill stores forming part of a larger hereditament. For those cold store and chill store elements value factors of 1.3 and 1.15 respectively should usually be made. These are not subject to the age and obsolescence allowances as outlined in this practice note.

4.8 Temperature controlled large distribution warehouses are subject to a separate scheme.

Appendix 1

Revaluation 2023

Cold stores (stand-alone)

1. Rental approach

1.1 Based upon the warehouse tone for the locality the following additions should be made.

Cold store – 25% Chamber designed for long term storage frozen goods. Generally insulated to a standard to maintain temperatures between -20°C and -28°C.

Chill store – 15% Chamber designed to store chilled produce. Generally insulated to a lower thermal capacity, used for temperatures between 0°C and + 5°C.

1.2 It is important to appreciate that only the structure of any cold store is rateable, and the operating temperature is therefore not a safe guide to value. Structures that are physically similar should have the same value regardless of their actual use and the temperatures at which they are maintained.

1.3 The table below sets out the age and obsolescence (A/O) allowances applicable to cold store elements.

1.4 For avoidance of doubt, note that this allowance should only be made against cold store areas and won’t apply to chilled or ambient areas.

1.5 The percentage allowances shown are the maximum envisaged for each category. Regard should be given to upgrades and improvements to cold store chambers when applying any allowance.

1.6 A full explanation of the categories of cold store is provided in appendix 2.

2. Adjustments to local tone

2.1 The local tone will take into account the following factors age, size, location, height and heating.

2.2 It is presumed that the relativities within the analysis of rental evidence that produced the local warehouse tone will be consistent with the relativities used for valuation. Where the tone includes heating then an adjustment for this will have to be made.

2.3 Regarding height adjustments, the normal adjustment for ambient warehousing and those used in the analysis of rental evidence follows the example below. It is acknowledged that as the value is being derived from the local tone, the height adjustment across the network may vary from the ranges shown below. Consequently, where the local scheme varies from the example, it should be followed.

Height

3.5 to 2.5m Deduct up to max of 10% by interpolation.

3.5 to 6.1m No addition.

6.1m to 9m Interpolate subject to a maximum of 10% using the formula: Full working height less 6.1 m multiplied by 3.5% (i.e.10 % / 2.9) Round to 1 decimal point. i.e. Height of 8.24m would give 7.4 % addition.

Above 9m 10% plus1% for each extra metre.

2.4 It is the maximum useable height that is to be valued i.e. by reference to pallet sizes and regard should therefore be had to any air circulation requirements over and above the top pallet of any racked storage system.

Appendix 2

Revaluation 2023

Cold Stores (stand-alone)

1. Cold store development

1.1 Since the 1950s there have been numerous advances in technology and cold store design.

1.2 Improvements in thermal insulation, door design to allow more rapid closure and improved air tightness have all contributed to better energy efficiency and reduced operating cost.

1.3 Earlier stores were generally smaller and of lower height with multi-chambers allowing different products to be stored at different temperatures. In the early 1970s there was a move towards bulk long-term storage requiring larger enclosures with increased eaves heights, but with relatively few doors. From the mid-1980s (reflecting the increase in demand for fresh and chilled products) there was a move towards throughput storage with rapid turnaround of goods, requiring improved access and racking systems.

1.4 The use of single envelope and clad rack construction to build increasingly tall chambers has become more popular in the last 10 years. The structural framework is formed by the metal racking itself, and the building envelope incorporates highly insulated structural panels. This design can result in standalone chambers in excess of 40m high which are often equipped with automated handling systems.

1.5 Older cold stores, in respect of quality, form of construction, insulation and its method of fixing, tend to be more prone to deterioration. Resulting in loss of efficiency and increased running costs to maintain required temperatures.

2. Categories of cold store

2.1 Nine general types of cold store can be identified. The primary determinant is the specification and construction dates are given as guidance only as different occupiers in different locations moved to using new specifications at different times. Older stores may have been subject to upgrading - for example, enclosure of loading bays, installation of improved door closures, installation of racking systems, replacement of insulation panels, opening out of former multi-chambers to give larger storage capacity. Such improvements may warrant adjustment in the allowance to reflect these improvements.

2.2 The specification and methods of cold store construction have evolved over the years with improvements in thermal insulation, and design. It is recognised that low operating temperatures over long time periods result in deterioration to the fabric of the building to an extent, albeit limited, over and above that experienced by ambient warehouses of a similar age. In recognition of this accelerated ageing an additional category (see 9 below) has been added for the most recent cold stores.

2.3 In general it is considered that the maximum allowance of 50%, notwithstanding the passage of time, should stand. This is due to the following: (i) the value of cold storage facilities is underpinned by their suitability for alternative ambient or chilled use and (ii) there appears to be no rental evidence to suggest that the maximum allowances adopted require further adjustment.

2.4 The ages are a guide only and the true nature and category of the hereditament will be determined by its age, specification and character as outlined below.

2.5 Category 1

Constructed pre-1970 with chamber height of 6-7m. Generally multi chambered with cork insulation panels on timber frame in small sheets with many joints. External loading platforms.

2.6 Category 2

Constructed from late 1960s through to mid-1970s and designed for bulk storage without racking systems, but may now have racking installed. Generally larger chambers for long term storage of single products. Chamber height usually under 10m. Open fronted loading bays with minimal door provision. Structural roof steel members often inside the chamber itself. Insulation panels on timber frames; early examples have cork insulation, post 1972/3 polystyrene was more common. Insulation panel size gradually increasing with correspondingly fewer joints.

2.7 Category 3

Late 1970s to early 1980s with enclosed loading bays (either internal or external to main structure) more common. Chamber heights variable usually between 9.3m to 10.3m. Large insulation panels using slab polystyrene. Increased number of doors to allow improved throughput of goods. Generally designed for use with racked storage systems.

2.8 Category 4

Constructed from mid-1980s. Loading bays enclosed (either internal or external to main structure). Chambers with urethane or polystyrene large panel insulation, rapid closing doors; increased number of ports and docking facilities. Chamber heights variable, usually of 10.3m or more designed to accommodate static, mobile and or purpose built racking.

2.9 Category 5

Constructed in the early 1990s. Specification as for category 4 but of greater chamber height, usually to 12.3m or more.

2.10 Category 6

Constructed in the mid -1990s to 2000. Specification as for category 4 but of greater chamber height, usually to 12.3m or more.

2.11 Category 7

Constructed in the early 2000s. Specification as for category 4 but of greater chamber height, usually to 12.3m or more.

2.12 Category 8

Constructed from 2006 – 2010. Specification as for Category 4 but of greater chamber height usually to 15m or more.

2.13 Category 9

Constructed from 2009 single envelope design incorporating steel framework and large polyurethane or polyisocyanurate insulated panels. Improved energy management systems. Rapid closing doors, level loading and docking facilities to suit supply chain requirements. Heights vary dependent on occupier requirement with some of the largest chambers having heights in excess of 35m. These high bays will often require additional piling, have extended fire protection and standby power generation. Designed with bespoke racking systems which are often automated.

Practice note: 2017 - cold stores (stand alone)

1. Market appraisal

There was a significant trend away from cold produce to chilled and fresh over the period 2000 to 2008. However in recent years this has slowed as the recession has taken effect and this has pushed consumers back towards frozen goods which tend to be cheaper. During the lifetime of the 2010 list new cold stores have been built in England and Wales and most older stores have continued to trade and in some cases, have been refurbished and brought back into full use. The requirements demanded by supermarket and food processing operators along with the on going drive to reduce cost and carbon emissions continue to drive up standards and provide a stimulus for new development and industry growth. Industry reports suggest 1.6 % annual growth in the market sector during the period 2010 – 2015.

2. Changes from the last practice note

Structurally the scheme of valuation follows the pattern of that applied in assessing stand- alone cold stores for the 2000, 2005 and 2010 rating lists.

3. Ratepayer discussions

There have been no ratepayer or adviser discussions. Agents who were party to the memorandum of agreement on previous lists do not appear to show any desire to continue probably as consequence of their major clients, Christian Salvesen and TDG Novacold selling their interest to French logistics company Norbert Dentressangle. Norbert Dentressangle has recently announced their sale to XPO an American top ten worldwide logistics company keen to expand in Europe.

4. Valuation scheme

4.1 It is considered, based on the information available, that a valuation approach based upon rental comparison and adjusted to reflect any extra value associated with cold stores over and above that of ambient warehousing can be supported.

Rental evidence

4.2 Rental evidence on cold stores is limited. However it does indicate an uplift for cold stores above rental levels for equivalent warehouses.

Valuation basis

4.3 Valuations for this class should be on a rentals comparison basis, in line with levels of value, which would be appropriate for a warehouse of equivalent age, specification and size in the locality, with an addition on the cold store element to reflect the cold storage facility.

4.4 The addition to be made is detailed on the attached Appendix A. The addition has been derived from the analysis of rents for purpose built cold stores, to determine the cold store element.

4.5 In addition to the normal age allowances for an equivalent warehouse in the locality, if it is considered appropriate to adjust the addition made to reflect the effect of poor layout, age and obsolescence, the criteria for such allowances are shown in Appendix B.

4.6 Allowances should be made against that part of the valuation attributable to the cold store(s) only.

4.7 This Memorandum applies to stand alone purpose built cold stores only and not to cold or chill stores forming part of a larger hereditament. For those cold store / chill store elements value factors of 1.3 and 1.15 respectively should be made. These are not subject to the age and obsolescence allowances as outlined in this Practice Note which apply to stand alone cold stores only.

Appendix A

Rental evidence - rental approach

1 Based upon the warehouse tone for the locality an addition of 25 % should be made for the Cold Store area. The resultant total rate will be subject to age and obsolescence allowances as follows:

For full explanation of the categories, see Appendix B below.

The local tone will take into account the following factors:

Age

Size

Location

Height

Heating

2 It is presumed that the relativities within the analysis of rental evidence that produced the local warehouse tone will be consistent with the relativities used for valuation. Where the tone includes heating then an adjustment for this will have to be made.

3 Regarding height adjustments, the normal adjustment for this, as per the standard tone for ambient warehousing and those used in the analysis of rental evidence in Appendix A is as per the example given below. However it is acknowledged that as the value is being derived from the local tone, the height adjustment across the network may vary from the ranges shown below. Consequently where the local scheme varies from the example, it should be followed. 3.5 to 2.5 m Deduct up to max of 10% by interpolation 3.5 to 6.1m No addition 6.1m to 9m Interpolate subject to a maximum of 10% using the formula: Full working height less 6.1 m multiplied by 3.5% (i.e.10 % / 2.9) Round to 1 decimal point. i.e. Height of 8.24m would give 7.4 % addition Above 9m 10% plus1% for each extra metre

4 It is the maximum useable height that is to be valued i.e. by reference to pallet sizes and regard should therefore be made to allow for any air circulation requirements over and above the top pallet of any racked storage system.

Appendix B

Revaluation 2017 - Cold Stores

Adjustments for Obsolescence and Other Disabilities

1 Over the period post war to present day there have been changes in:

(i) Technology - making improvements to the quality and performance of insulation and to door specification allowing more rapid closure thus retaining temperatures and reducing costs. In addition, the older types of insulation, both in respect of quality and form of construction and method of fixing, tend to be more prone to deterioration resulting in loss of efficiency and increased running costs in maintaining required temperatures. The older units adopted a ‘Smiths panel’ sandwich construction whereas more modern units are akin to ambient warehouses with an inner cold store “chamber”.

(ii) Configuration - earlier stores commonly were generally smaller and of lower height with multi-chambers allowing different products to be stored at different temperatures. In the early 1970s there was a move towards bulk long term storage requiring larger enclosures with increased eaves heights, but with relatively few doors. With the decline of EEC storage from the mid 1980s and the increase in demand for fresh and chill products, there has been a move towards throughput storage with rapid turnaround of goods requiring improved access and racking systems.

2 8 general types of cold store can be identified. The primary determinant is the specification and construction dates are given as guidance only as different occupiers in different locations moved to using new specifications at different times. Older stores may have been subject to upgrading - for example, enclosure of loading bays, installation of improved door closures, installation of racking systems, replacement of insulation panels, opening out of former multi-chambers to give larger storage capacity. Such improvements may warrant adjustment in the allowance to reflect these improvements:

3 Although the specification and method of construction of cold stores is not considered to have altered significantly since the early 1990’s it is recognised that the stores built prior to 2005 will be 10 to 20 years old when the 2017 List comes into force. The low operating temperatures over such a length of time will result in deterioration to the fabric of the building to an extent, albeit limited, over and above that experienced by ambient warehouses of a similar age. In recognition of this accelerated ageing an additional category (see 8 below) has been introduced for the most recent cold stores.

4 In general it is considered that the maximum allowance of 50%, notwithstanding the passage of time, should stand. This is due to the following: (i) the value of cold storage facilities is underpinned by their suitability for alternative ambient or chilled use and (ii) there appears to be no rental evidence to suggest that the maximum allowances adopted require further adjustment.

Categories of cold store

5 The ages are a guide only and the true nature and category of the hereditament will be determined by its age, specification and character as outlined below.

Category 1

Normally constructed pre 1970; low height 6-7m; multi-chamber; insulation panels cork on timber frame in small sheets with many joints; external loading platforms.

Allowance MAX 50 %.

Category 2

Constructed from late 1960s through to mid-1970s; designed for bulk storage without racking systems, but may now have racking installed; larger chambers for long term storage of single products; height under 10m - commonly 9.3 to 9.7m; open fronted loading bays; minimal door provision; often structural roof steel members are inside the chamber itself; insulation panels on timber frames; early examples have cork insulation, but after 1972/3 polystyrene material was commonly used; panel size gradually increasing with improvements in technology with later examples usually 4’ wide x 12’ high with correspondingly fewer joints.

Allowance: MAX 45%.

Category 3

Late 1970s to early 1980s ; enclosed loading bays (either internal or external to main structure) more common; large insulation panels using slab polystyrene; increased number of doors to allow improved throughput of goods; designed for use with storage systems; heights variable usually 9.3 to 10.3m.

Allowance: MAX 35%.

Category 4

Constructed from mid 1980s; loading bays enclosed (either internal or external to main structure); inner chamber with urethane or polystyrene large panel insulation; rapid closing doors; increased number of ports and docking facilities; designed to accommodate static or mobile racking systems; heights variable, usually to 10.3m or more and designed to suit purpose built racking.

Allowance: MAX 25%.

Category 5

Constructed from 1990; loading bays enclosed (either internal or external to main structure); inner chamber with urethane or polystyrene large panel insulation; rapid closing doors; increased number of ports and docking facilities; designed to accommodate static or mobile racking systems; heights usually to 12.3m or more and designed to suit purpose built racking.

Allowance: MAX 20%.

Category 6

Constructed from the mid 1990s; loading bays enclosed (either internal or external to main structure); inner chamber with urethane or polystyrene large panel insulation; rapid closing doors; increased number of ports and docking facilities; designed to accommodate static or mobile racking systems; heights usually to 12.3m or more and designed to suit purpose built racking.

Allowance: MAX 15%.

Category 7

Constructed from 2000; loading bays enclosed (either internal or external to main structure); inner chamber with urethane or polystyrene large panel insulation; rapid closing doors; increased number of ports and docking facilities; designed to accommodate static or mobile racking systems; heights usually to 12.3m or more and designed to suit purpose built racking.

Allowance: MAX 5%.

Category 8

Constructed from 2005; loading bays enclosed (either internal or external to main structure); inner chamber with urethane or polystyrene large panel insulation; rapid closing doors; increased number of ports level loading and docking facilities to suit the logistics; designed to accommodate static, mobile and or bespoke racking systems; heights usually to 15.0 m or more.

Allowance: Nil.