Tribunals · London Borough of Islington · 2017 rating list

42,, UPPER STREET,, N1 0PN

Shop and Premises Decided 10 December 2020 CHG100060078 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£127,000£2100/m²

Ratepayer sought£97,000

VO conceded first—

Tribunal decided£127,000£2100/m²

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 rateable value should be reduced to £97,000 based on rental evidence from the subject property (£1,659/m² ITZA) and a comparable property at 40 Upper Street, proposing a base rate of £1,600/m² ITZA. The tribunal found that the comparable property evidence from 29 Upper Street and 23-24 Upper Street, both closer to the antecedent valuation date of 1 April 2015, supported higher rates of £2,003/m² and £2,460/m² ITZA respectively. The tribunal determined that the adopted rate of £2,100/m² ITZA was fair and reasonable, and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was Flight Centre UK Ltd, represented.