GND FLR 4020 LAKESIDE,, BIRMINGHAM BUSINESS PARK,, BLACKFIRS LANE,, BLACKFIRS LANE,, B37 7YN
Office and premises Decided 17 November 2020 CHG100057763 Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants contended that post-2000 construction office hereditaments on Birmingham Business Park were overvalued compared to pre-2000 comparables, with an unjustified differential in the tone per square metre. The tribunal found the differential "out of kilter" and, considering settled pre-2000 comparables and three key lettings (particularly the letting at £113.79/m2 closest to the valuation date), determined that the appellants' proposed valuations based on a lower tone per square metre were reasonable and allowed the appeals.
Summary generated from the decision text and checked against it. The appellant was Computacenter UK Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Gardiner & Theobald LLP v Jackson
- Hearing
- 22 October 2020
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