Tribunals · London Borough of Camden · 2017 rating list

1st Floor, 4 Roger Street, WC1N 2JX

Office and premises Decided 8 December 2020 CHG100084245

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV—£385.65/m²

Ratepayer sought£114,500

VO conceded first—

Tribunal decided£114,500£332.58/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 challenged the rateable value of £130,000, arguing that the valuation of £385.65/m2 did not reflect available rental evidence. The tribunal found the actual rent of the property (£127,270 from January 2015, adjusted to approximately £114,543) was the best evidence, being a lease renewal agreed close to the antecedent valuation date. The tribunal also considered comparable rental evidence from other floors in the same building, which confirmed the rental-based value was excessive compared to the list valuation. The appeal was allowed and the rateable value was reduced to £114,500.

Summary generated from the decision text and checked against it. The appellant was Fleurets Ltd, represented.