Tribunals · Leeds City Council · 2010 rating list

Unit 10 Kirkstall Bridge Shopping Park Bridge Road, LS5 3BL

Retail warehouse and premises Decided 22 April 2021 27021855 GL Hearn Limited

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

Original RV£280,000£195/m²

Ratepayer sought£213,000

VO conceded first£277,500−1% before the hearing

Tribunal decided£250,000£175/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 a reduction in base rate to £165psm with a pioneering allowance of 10%, arguing that comparable evidence from Guiseley Retail Park better reflected the subject property's value than the Valuation Officer's reliance on Savins Mill Way. The tribunal found that while Guiseley Retail Park was more comparable due to similar amenities and lack of petrol station, it disagreed with the pioneering allowance and allowed a modest reduction. The tribunal reduced the base rate to £175psm (allowing for quantum on the large unit) and rejected the 10% pioneering allowance, resulting in an RV of £250,000 instead of the original £280,000.

Summary generated from the decision text and checked against it. The appellant was Smyths Toys UK Ltd, represented.