Fair maintainable trade is a standard valuation approach used to calculate pub and licensed trade rents.

We use fair maintainable trade to arrive at the rateable value for pubs and other licensed premises. It is the same approach pub companies use.

Fair maintainable trade is the annual level of trade (excluding VAT) that a pub can be expected to achieve assuming a reasonably efficient operator. It is based on:

• The type of pub or licensed premises.
• The area it is in.
• What services it is able to offer – such as food, gaming, sports screenings.

Watch a two minute video on how we value pubs