Tribunals · Preston City Council · 2017 rating list

7 Fleet Street, PR1 2UT

Restaurant and premises Decided 17 November 2020 CHG100076893 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£37,250£110/m²

Ratepayer sought£34,250

VO conceded first—

Tribunal decided£37,250£110/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 the rateable value of £37,250 (£110/m²) was excessive and proposed £34,250 (£100/m²), relying on rental evidence from the property showing rates of £82.91-£101.53/m² depending on how the 18-month rent-free period was treated, and a comparable property at £100/m². The tribunal found the appellant's rent carried little weight as it post-dated the antecedent valuation date and was not confirmed by forms of return. The tribunal concluded the appeal property had a superior location to the £100/m² comparable and was appropriately aligned with The Corn Exchange at £125/m², therefore the £110/m² rate was not excessive and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was Kaspa's North West Limited, represented.