Tribunals · Leeds City Council · 2010 rating list

Unit 18 Kirkstall Bridge Shopping Park Bridge Road, LS5 3BL

Retail warehouse and premises Decided 22 April 2021 26861740 GL Hearn Limited - soap

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£99,500£195/m²
Ratepayer sought£80,500
VO conceded first—
Tribunal decided£94,500£185/m²

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 sought to reduce the RV from £99,500 to £80,500, arguing for a base rate of £175psm (rather than £195psm) and a 10% pioneering allowance due to the retail park's late opening and incomplete occupancy until December 2016. The tribunal reduced the base rate to £185psm but rejected the pioneering allowance, finding that early occupiers had already received incentives (rent-free periods and reverse premiums) to account for the low initial occupancy. The tribunal preferred Guiseley Retail Park as a comparator over Savins Mill Way, finding them more comparable in amenities despite Savins Mill Way's closer proximity, and reduced the RV to £94,500.

Summary generated from the decision text and checked against it. The appellant was JD Sports Fashion PLC, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
  • Valuation method
Evidence
Rents, Settled assessments, Photographs
Hearing
26 March 2021

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