4,, METRO INDUSTRIAL CENTRE,, ST JOHNS ROAD,, ST JOHNS ROAD,, TW7 6NJ
Business Unit and Premises Decided 23 November 2020 CHG100080634 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 for a value of £75 per m² based primarily on a new letting at Unit 14 Metro Centre, proposing an RV of £15,500. The VO relied on rental evidence from comparable properties at Isleworth Business Complex and maintained a value of £115 per m², initially with a 1.32 uplift for air conditioning. The tribunal found the VO's evidence basket more reliable than the appellant's reliance on Unit 14 due to size discrepancies, accepted the appellant's argument for a 1.26 uplift (comfort cooling only), and upheld the £115 per m² basis, resulting in a partly allowed appeal with RV confirmed at £22,750.
Summary generated from the decision text and checked against it. The appellant was Castleline Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Quantum or end allowance
- Evidence
- Rents, Settled assessments
- Cases cited
- Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 30 October 2020
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