1ST FLR RR 12,, D'ARBLAY STREET,, W1F 8DU
Office and premises Decided 22 March 2021 CHG100073165 Altus Group - Oakland - Manchester
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 RV of £29,000 was excessive and sought a reduction to £20,750 based on rental evidence of £17,015 p.a. and a tone of £445/m2 with a 22.5% rear location allowance. The tribunal found the appellant's rental analysis flawed: the lease showed year-one rent of £17,015 rising to £22,687 thereafter, analysing to £362.54/m2 on a five-year average; the lease was incomplete and not registered; and no supporting returns had been submitted. The tribunal found comparable rents on other floors of the same building and nearby properties all supported a tone of £500/m2, with no evidence justifying a rear location discount. The appeal was dismissed and the RV confirmed at £29,500.
Summary generated from the decision text and checked against it. The appellant was Tamarind Collection, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 10 March 2021
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