Tribunals · Tonbridge and Malling Borough Council · 2017 rating list

UNITS 1C & 1D DEACON INDUSTRIAL ESTATE,, FORSTAL ROAD,, ME20 7SP

Warehouse and Premises Decided 22 December 2020 CHG100066236 Altus Group - Oakland - Manchester

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

Original RV£106,000£70/m²

Ratepayer sought£90,500

VO conceded first£98,000−8% before the hearing

Tribunal decided£98,000£65/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 sought a reduction from £98,000 RV to £90,500 RV (£60 per m²), arguing that comparable rental evidence from other size bands suggested the matrix was overvalued. The tribunal accepted that the passing rent on the appeal property (£106,810 pa analysed to £65.47 per m²) was the appropriate starting point under Lotus and Delta, and found that the joint and individual rents on Units 1c and 1d all exceeded £65 per m². The tribunal was not persuaded by the appellant's argument that the £65 per m² adopted by the VO was excessive, and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was Quazar International Ltd, represented.