Tribunals · City of Westminster · 2017 rating list

2ND FLR 61-65,, CONDUIT STREET,, W1S 2GB

Offices and premises Decided 15 October 2024 CHG100077147 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£365,000£900/m²

Ratepayer sought£330,000

VO conceded first—

Tribunal decided£365,000£900/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants challenged the rateable values for three office floors at 61-65 Conduit Street, London in the 2017 rating list, proposing a rate of £755-810/m² instead of the adopted £900/m². The tribunal found the rental evidence for comparable properties in Conduit Street provided by the Valuation Officer, which were closer to the Antecedent Valuation Date and analysed to rents higher than £900/m², more persuasive than the appellant's single rent review dated 13 months after the AVD. The tribunal concluded the adopted level of value of £900/m² was reasonable and the appeals were dismissed.

Summary generated from the decision text and checked against it. The appellant was JRJ Investments Ltd, represented.