Tribunals · City of Westminster · 2017 rating list

BST & GRD FLR 15,, ORCHARD STREET,, W1H 6HG

Shop and Premises Decided 8 February 2021 CHG100083377 Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£154,000£1500/m²

Ratepayer sought£136,000

VO conceded first—

Tribunal decided£136,000£1325/m²

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 the VO's tone of £1,500 per m² ITZA was excessive and should be reduced to £1,325 per m² based on the passing rent (£1,326.40 per m²) and the comparable rent at 24 Orchard Street (£1,316.22 per m²). The VO defended £1,500 per m² ITZA based primarily on a new letting at 19 Duke Street (£1,450.06 per m²), treating the passing rent as unreliable due to a lease renewal with extended incentives. The tribunal allowed the appeal, finding the appeal property was in a less prominent location than Duke Street and placing most weight on the two comparable rents within Orchard Street, confirming the proposed RV of £136,000.

Summary generated from the decision text and checked against it. The appellant was And So To Bed, represented.