LGND -GND FLR 66A,, ROYAL MINT STREET,, E1 8LG
Offices and premises Decided 16 December 2020 CHG100077444 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 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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