9-10 South Parade, Lancs, Lancs, OL16 1LR
Shop and premises Decided 16 June 2022 29277429 BSS Surveyors
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 company operating a post office from the ground floor with a food bank on the upper floor, argued the property should be valued on an overall basis at £11,500 given poor layout and low ceilings. The Valuation Officer initially valued it as a retail shop at £25,000 using standard zoning methods, later conceding to £22,500 with modest adjustments. The tribunal allowed the appeal in part, agreeing the property should be valued as a retail shop using the £270/m2 Zone A price consistent with comparable units in the parade, but increasing adjustments for layout disadvantages (7.5-10% masking and 10% end allowance) to arrive at £21,250.
Summary generated from the decision text and checked against it. The appellant was UAU Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Zoning or layout
- Valuation method
- Evidence
- Rents, Settled assessments, Photographs, Expert report
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 26 May 2022
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