Tea House Theatre, 139 Vauxhall Walk, SE11 5HL
Shop and premises Decided 7 April 2021 CHG100073491 JMA Chartered Surveyors
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 the property should be valued on a turnover approach as a restaurant based on £300,000 turnover using band B (8.5%), seeking £25,500 RV. The tribunal found that following the change of use from a public house to a shop/café, the property should be valued on an overall basis rather than turnover, and adopted the valuation officer's conceded RV of £34,250 at £220/m² as reasonable based on comparable property evidence.
Summary generated from the decision text and checked against it. The appellant was Tea House Theatre Ltd, represented.
Grounds argued
- Valuation method
- Comparable assessments (tone)
- Evidence
- Trading accounts, Settled assessments
- Hearing
- 8 March 2021
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