Tribunals · Erewash Borough Council · 2017 rating list

Ilkeston Co-Op Travel, Mercian Close, DE7 8HG

Office and premises Decided 4 December 2020 CHG100021750

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

Original RV£141,000£75/m²

Ratepayer sought£90,000

VO conceded first£112,000−21% before the hearing

Tribunal decided£107,000£61.28/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 argued the £141,000 RV was excessive, proposing £90,000 based on the subject rent, reverse premium, and comparable properties. The tribunal found the subject rent unreliable as it was not an open market rent, but the comparable evidence (particularly 58 South Street at £45/m² and Town Hall at £50/m²) supported a reduction below the Valuation Officer's conceded offer of £112,000. The tribunal adopted a main space price of £57/m² to reflect the property's modern construction and parking facilities while accounting for its out-of-town location, determining a fair assessment of £107,000 RV.

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

Grounds argued

Rental evidence
Comparable assessments (tone)

Evidence: Rents, Settled assessments
Cases cited: Lotus and Delta v Culverwell
Hearing: 30 November 2020

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk