Tomsetts Transport Ltd, North Quay, BN9 0AB
Land used for storage and premises Decided 7 June 2021 CHG100090702 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 the property should be valued as land used for storage and premises (scheme 341346) rather than warehouse and premises (scheme 320390), given that 83% of the 9,240.76 m² site was land. The tribunal found the property's primary characteristic was its vast land element with ancillary buildings, and adopted the appellant's proposed valuation of £84,000 RV based on comparable properties in the same valuation scheme, particularly Jordons Newhaven Ltd on the same road, applying £7.00/m² for land.
Summary generated from the decision text and checked against it. The appellant was Tomsetts Distribution Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Valuation method
- Evidence
- Rents, Settled assessments, Earlier tribunal decisions
- Hearing
- 13 May 2021
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