BST & GRD FLR, 52 CHAPEL MARKET, N1 9EW
Shop and premises Decided 8 March 2021 CHG100079898 Ryan
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (Basement and Ground Floor, 52 Chapel Market, London N1 9EW). Every property is listed below.
The 2 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| Basement and Ground Floor, 32 Chapel Market (Including 12A Chapel Place), London N1 9EN | — | — | £35,500 | Dismissed |
| Basement and Ground Floor, 52 Chapel Market, London N1 9EWThis appeal | £61,000 | — | £57,500 | Dismissed |
What was argued and what the tribunal found
The appellants argued that the zone A price per square metre should be reduced from £850/m² to £750/m², citing rental evidence from 32 Chapel Market at £746/m². The Tribunal considered the rental evidence from three Chapel Market properties (32, 38, and 61 Chapel Market) agreed by the parties at £746/m², £848/m², and £964/m² respectively. The Tribunal found that £850/m² was reasonable as it properly reflected the basket of rental evidence available at the valuation date, and the appellants had insufficient grounds to discount the higher comparative rents. The appeals were dismissed.
Summary generated from the decision text and checked against it. The appellant was SBR Enterprises Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Expert report
- Cases cited
- Lotus and Delta Ltd v Culverwell
- Hearing
- 18 February 2021
Similar decisions
- 11 Highbury Park, N5 1QJ — Dismissed, 12 Jan 2023
- (INC 12A CHAPEL PLACE) BST & GRD FLR 32, CHAPEL MARKET, N1 9EN — Dismissed, 8 Mar 2021
- 42,, UPPER STREET,, N1 0PN — Dismissed, 10 Dec 2020
All decisions in London Borough of Islington · Shops nationally
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