Tribunals · London Borough of Tower Hamlets · 2017 rating list

LGND -GND FLR 66A,, ROYAL MINT STREET,, E1 8LG

Offices and premises Decided 16 December 2020 CHG100077444 Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV£63,500
Ratepayer sought£54,000
VO conceded first£62,500−2% before the hearing
Tribunal decided£54,000from 1 Apr 2017

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 basement/lower ground floor should be valued at 50% of main-space rate rather than the Valuation Officer's 75%, citing comparable properties where basements were valued at 50%. The tribunal found the basement was effectively underground with limited natural light similar to the comparables and that 50% ITMS was more appropriate, allowing the appeal and determining RV at £54,000.

Summary generated from the decision text and checked against it. The appellant was Mays Brown Solicitors, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
Evidence
Photographs, Settled assessments
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
Hearing
2 December 2020

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