In theory business rates are broadly half of rents and there are discounts for independent businesses too, compared to residential council tax they’re madness of course.
When I got stuck managing a portfolio of this stuff at my old job we were giving away units at zero rent (or turnover basis) to get out of the rates liability. Less prime areas than Cambridge though.
In theory business rates are broadly half of rents and there are discounts for independent businesses too, compared to residential council tax they’re madness of course.