Tribunals · London Borough of Bromley · 2017 rating list

13, CRAYFIELDS INDUSTRIAL PARK INDUSTRIAL PARK, MAIN ROAD, BR5 3HP

Warehouse and Premises Decided 24 November 2020 CHG100073720 Altus Group - Oakland - Manchester

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

Original RV£116,000£76/m²

Ratepayer sought£89,500

VO conceded first£93,500−19% before the hearing

Tribunal decided£93,500£76/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 £89,500 (£72.50 per m²) by considering a basket of rental evidence from comparable properties on the same estate, including properties let at £70.16-£76.30 per m². The tribunal found that the passing rent on the appeal property at £74.44 per m² and the comparable rent at 11 Crayfields at £76.30 per m² (both effective close to the antecedent valuation date) were most relevant. The tribunal concluded that £76.00 per m² was fair and reasonable, supported by this rental evidence, and dismissed the appeal as the appellant failed to demonstrate the existing assessment was excessive.

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

Grounds argued

Rental evidence
Comparable assessments (tone)

Evidence: Rents
Cases cited: Lotus and Delta v Culverwell
Hearing: 10 November 2020

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

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