Unit TR1, Trowbray House, 108 Weston Street, SE1 3QB
Office and premises Decided 10 November 2020 CHG100044439 Altus Group - Oakland - Manchester
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 agreements for the appeal hereditaments did not meet the rating hypothesis due to service charges, non-full repairing terms, and personal tenant provisions, and that comparable rental evidence from the locality supported a lower price per m². The tribunal found that while the rental agreements were unreliable due to required adjustments, the appellant's proposed price of £270 per m² was not fully supported by evidence. The tribunal adopted £360 per m² as the rental evidence demonstrated that converted offices in an older 1800s industrial building should not command the same rate as newer purpose-built offices in superior locations, with a 10% temporary allowance applied for adjacent building works.
Summary generated from the decision text and checked against it. The appellant was Nice and Serious Ltd and Tim Ronalds Architects, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Valuation method
- Evidence
- Rents, tone_of_list_comparables
- Cases cited
- Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 10 November 2020
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