Tribunals · London Borough of Hackney · 2017 rating list

146 Clapton Common, E5 9AG

Hotel and premises Decided 5 May 2021 CHG100017691 JMA Chartered Surveyors

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV—

Ratepayer sought£70,000

VO conceded first£127,000

Tribunal decided£70,000from 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 rental comparison method used by the VO was inappropriate due to insufficient reliable rental evidence for small independent hotels in the locality, and that a shortened profits method based on trading accounts was more suitable. The tribunal found the VO's rental evidence to be of very limited assistance, being historic and questionable in nature, and therefore accepted the appellant's receipts and expenditure approach. The tribunal determined that the fair maintainable trade figures were reasonable and the percentage rates adopted to establish rental bids were appropriate, resulting in rateable values of £70,000 for Kent Hall Hotel and £35,750 for Kadimah Carmel Hotel.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.