BST - 1ST FLRS 46,, QUEEN ANNES GATE,, SW1H 9AP
Office and premises Decided 26 March 2021 CHG100047312 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 sought to reduce the rateable value from £81,500 to £66,000 (based on a main space price of £355/m² rather than the listed £440/m²), arguing that older period offices should command lower values than modern offices, and relying on comparables such as 27 Queen Annes Gate (valued at £425/m²). The tribunal found that 27 Queen Annes Gate was not a 'like for like' comparison being modern purpose-built, and that the rent for 42 Queen Annes Gate (the same type of period office at £585/m²) was the most reliable evidence. The tribunal concluded the existing main space price of £440/m² was reasonable and dismissed the appeal as insufficient evidence was presented to demonstrate the valuation was unreasonable.
Summary generated from the decision text and checked against it. The appellant was Sandcroft International Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell (VO) [1976] RA 141; Barnard v Walker (VO) [LVC/231/1975]; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 9 March 2021
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