Tribunals · London Borough of Richmond upon Thames · 2017 rating list

UNIT 1 AT 104 THE GREEN, TW2 5AG

Industrial unit with office building Decided 15 September 2021 CHG100093089 Altus Group - Oakland - Manchester

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

Original RV£337,500£124.59/m²

Ratepayer sought£225,000

VO conceded first£267,500−21% before the hearing

Tribunal decided£237,500£85/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 RV of £267,500 was excessive and should be reduced to £225,000 based on a price of £80/m². The tribunal found that whilst the property had undergone refurbishment (supporting a higher rate than comparable unrefurbished units at £84/m²), the rental evidence outside the immediate vicinity and various tone of list comparables supported a rate between these extremes. The tribunal adopted £85/m², resulting in an allowed-in-part outcome with an RV of £237,500.

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

Grounds argued

Rental evidence
Comparable assessments (tone)

Evidence: Rents, Settled assessments
Cases cited: Gardiner & Theobald LLP v David Jackson (VO)
Hearing: 23 August 2021

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk