95-99 Ridgeway, PL7 2AA
Public House and Premises Decided 16 June 2021 25138893 BNP Real Estate - Birmingham
Figures are as stated in the decision; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant, a major pub operator, challenged the rateable value of a newly-opened town centre public house on the basis that the fair maintainable trade had been assessed at an excessive level. The appellant argued the property was a high-performing outlier with low pricing policy, comparable to nearby town centre pubs with significantly lower trade figures, and subject to operational disadvantages including poor access and flood risk. The tribunal found the subject property comparable to The George rather than the VO's out-of-town destination venues, and applied substantial discounts of 60% for wet trade and 75% for dry trade, allowing the appeal at £51,000 RV.
Summary generated from the decision text and checked against it. The appellant was J D Wetherspoon PLC, represented.
Grounds argued
- Trading receipts (pubs, hotels) · decisive
- Valuation method
- Evidence
- Trading accounts, Settled assessments
- Cases cited
- Watney Mann Limited v Langley (VO); Gardiner & Theobald LLP v David Jackson (VO)
- Hearing
- 24 May 2021
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