Tribunals · Stroud District Council · 2017 rating list

UNIT 2B,, BRIMSCOMBE PORT BUSINESS PARK,, BRIMSCOMBE,, BRIMSCOMBE,, GL5 2QQ

Industrial unit and premises Decided 3 November 2020 CHG100054236 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£25,250£52.5/m²

Ratepayer sought£14,500

VO conceded first£22,000−13% before the hearing

Tribunal decided£22,000from 1 Apr 2017

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, represented by Altus Group, challenged the rateable value of an industrial unit at Brimscombe Port Business Park, arguing the passing rent of £15,000 per annum should support a value of £14,500 (£34/m²) rather than the £22,000 listed (£52.50/m²). The tribunal found that rents on the Brimscombe estate were blighted by the prospect of redevelopment and were not reliable evidence of open market value, but that comparable industrial units at Oldends and Stonedale Road supported the current valuation. The appeal was dismissed and the RV of £22,000 from 1 April 2017 was confirmed.

Summary generated from the decision text and checked against it. The appellant was Richard Cooper Bronze Ltd, represented.