UNIT 3,, ATWORTH BUSINESS PARK,, BATH ROAD,, BATH ROAD,, SN12 8SB
Industrial unit and premises Decided 3 March 2021 CHG100045316 Altus Group - Oakland - Manchester
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 that the property should be valued at £17.50 per m² (or alternatively £18.50 per m² with a 5% access allowance) based on the actual rent of £38,000 per annum (£17.44 per m²) and citing Lotus and Delta v Culverwell for the hierarchy of evidence. The Valuation Officer maintained £26 per m² was correct based on comparable rents from similar and larger properties. The tribunal dismissed the appeal, finding that whilst concerned about anomalies in the lease (potential rent-free period and property condition), it could not rely on the analysed rent alone and was not persuaded the comparables supported the appellant's lower valuation; the appeal hereditament's size and access issues differentiated it from most comparables.
Summary generated from the decision text and checked against it. The appellant was Stevens & Stevens LLP (Bristol Soaps), represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Valuation method
- Evidence
- Rents, Measurement survey
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 16 February 2021
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