Tribunals · East Riding of Yorkshire Council · 2010 rating list

Minelco Ltd Superfine Carbonate Works, Driffield, Driffield, YO25 9TS

Mineral processing plant and premises Decided 20 April 2021 25115970 BNP Real Estate - Birmingham

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£116,000

Ratepayer sought—

VO conceded first£113,000−3% before the hearing

Tribunal decided£106,000from 1 Apr 2010

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant, a mineral processing plant operator, challenged the Valuation Officer's assessments arguing the building replacement costs and land valuations were excessive. The Tribunal determined that actual building costs from building 22 (£235/m²) should be adopted instead of VOA Cost Guide figures, and that the site rent approach of £17,500 should apply to value the land as a specialist mineral processing plant consistent with other similar properties in its class. The appeals succeeded in part, reducing the assessments from £116,000 and £146,000 to £106,000 and £127,000 respectively.

Summary generated from the decision text and checked against it. The appellant was Lkab Minerals Limited, represented.