Tribunals · London Borough of Hackney · 2017 rating list

Kent Hall Hotel, 414 Seven Sisters Road, N4 2LX

Hotel and premises Decided 5 May 2021 CHG100017228 JMA Chartered Surveyors

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV—
Ratepayer sought£35,750
VO conceded first£53,000
Tribunal decided£35,750from 1 Apr 2017

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant argued that the subject hotels should be valued using a shortened profits method based on turnover and fair maintainable trade rather than the rental comparison method adopted by the Valuation Officer. The tribunal found that the rental evidence available was of very limited assistance, being historic and questionable in nature, and that the appellant's receipts and expenditure approach was reasonable. The tribunal determined the appeals should be allowed as the proposed rateable values based on percentages of FMT (13% for Kadimah Carmel) were fair and reasonable, with Double Bed Unit rates consistent with agreed values across London locations.

Summary generated from the decision text and checked against it. The appellant was Kadimah Carmel Hotel Ltd, represented.

Grounds argued

  • Rental evidence
  • Valuation method · decisive
  • Trading receipts (pubs, hotels)
Evidence
Rents, Trading accounts, Expert report
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
Hearing
14 April 2021

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