Tribunals · Birmingham City Council · 2017 rating list

74 Bull Street, B4 6AD

Shop and premises Decided 24 March 2021 CHG100093129 Hartnell Taylor Cook

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

Original RV£46,250£550/m²

Ratepayer sought—

VO conceded first£48,500

Tribunal decided£41,250£460/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 passing rent of £35,000-£39,000 (stepped over first five years) should be the basis for valuation without a 40% loading for tram works disruption. The tribunal found the passing rent was good evidence as a new letting agreed close to the material date, but agreed some adjustment for temporary disruption was warranted, though not the full 40% claimed. The tribunal adopted the year-five rent of £39,000 (£460/m2) as a fair reflection of open market value once works would be completed, reducing the RV from £46,250 to £41,250.

Summary generated from the decision text and checked against it. The appellant was Titan Entertainment Group Limited, represented.