The Sheaf Island, Ecclesall Road, S11 8HW
Public house and premises Decided 4 April 2022 25141228 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 (J D Wetherspoon plc) challenged the rateable value of £153,000 on the grounds that the Fair Maintainable Trade (FMT) adopted was excessive, arguing it did not account for the appellant's lower pricing policy and brand which generated higher turnover than comparable properties. The appellant proposed £55,000 RV citing differences in location and comparable properties with lower rateable values. The Tribunal allowed the appeal in part, accepting the Valuation Officer's revised figure of £107,000 RV, finding insufficient 'like for like' comparable evidence to justify the appellant's lower proposed valuation, though accepting some adjustment was necessary for the appellant's business model.
Summary generated from the decision text and checked against it. The appellant was J D Wetherspoon plc, represented.
Grounds argued
- Comparable assessments (tone)
- Valuation method
- Evidence
- Trading accounts, Settled assessments
- Hearing
- 2 March 2022
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