Tribunals · Sunderland City Council · 2017 rating list

1 Victory Way, Doxford International Business Park, SR3 3XF

Offices and Premises Decided 23 November 2020 CHG100068170 Altus Group - Oakland - Manchester

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

Original RV£272,500£85/m²

Ratepayer sought£220,000

VO conceded first£265,000−3% before the hearing

Tribunal decided£265,000£85/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 contended the RV should be £220,000 at £70 per m² based on the passing rent and comparable evidence from Emperor Way. The tribunal found the passing rent unreliable due to the property being empty for 2 years prior, and applied Lotus and Delta guidance to consider a basket of comparable rental evidence from Doxford International Business Park. The tribunal accepted the VO's analysis supporting £85 per m², noting that only one other assessment on the park had been challenged, confirming acceptance of the rate by other occupiers.

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

Grounds argued

Rental evidence
Comparable assessments (tone)

Evidence: Rents, Settled assessments
Cases cited: Lotus and Delta v Culverwell
Hearing: 30 October 2020

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk