Tribunals · City of Westminster · 2017 rating list

2ND FLR, 13-14 CORK STREET, W1S 3NS

Office and premises Decided 12 March 2021 CHG100073938 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV£84,500£625/m²
Ratepayer sought£75,000
VO conceded first—
Tribunal decided£84,500£625/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 that the rated value of £84,500 (£625 psm) was excessive and sought reduction to £75,000 (£557 psm) based on adjustments to the 2016 lease renewal rent using historical growth trends. The tribunal found that comparable evidence from a new letting on the 3rd floor of the same building, effective 1 August 2015 and passing £84,500, was more reliable than the appellant's calculated adjustments, being a new letting closer to the AVD. The tribunal dismissed the appeal and confirmed the rateable value of £84,500.

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

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
Evidence
Rents
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
Hearing
17 February 2021

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