UNIT 2,, CITY BUSINESS PARK,, EASTON ROAD,, EASTON ROAD,, BS5 0SP
Warehouse and Premises Decided 11 May 2021 CHG100075939 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 sought a reduction to £21,750 RV based on £55.00 per m², arguing that analysis of rents on the subject property and comparable properties supported this rate. The Valuation Officer defended an amended assessment of £22,750 RV based on £57.50 per m² (less 1.5% for lack of central heating), arguing that the subject property's renewal rent in 2018 at £71.50 per m² indicated rents had increased and supported the higher unadjusted rate. The tribunal dismissed the appeal, finding that the Valuation Officer's unadjusted rate of £57.50 per m² was reasonable based on comparative analysis of similar properties on the same business park, particularly Unit 3 and Unit 10 at City Business Park.
Summary generated from the decision text and checked against it. The appellant was Resapol Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Expert report
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 14 April 2021
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