Tribunals · City of Westminster · 2017 rating list

BST & GRD FLR 4,, BLENHEIM STREET,, W1S 1LB

Restaurant and premises Decided 26 March 2021 CHG100085002 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£85,000£1450/m²

Ratepayer sought£52,000

VO conceded first£82,500−3% before the hearing

Tribunal decided£71,000£1200/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 that the zone A rate of £1,400/m² was too high and sought £900/m², relying on rental evidence from comparable properties in Woodstock Street and nearby Blenheim Street. The tribunal found that after applying appropriate adjustments to comparable properties at 1 Woodstock Street and 22 Woodstock Street (allowing 5% and 20% adjustments respectively for location and physical differences), a zone A rate of £1,200/m² was justified, reducing the rateable value from £85,000 to £71,000. The tribunal noted that whilst the latest agreed rent on the appeal property supported a higher valuation, the comparable properties and their adjustments indicated a lower rate was appropriate.

Summary generated from the decision text and checked against it. The appellant was Rising Sun UK, represented.