UNIT 900, FAREHAM REACH, FAREHAM ROAD, FAREHAM ROAD, PO13 0FP
Distribution warehouse and premises Decided 29 June 2021 CHG100095066 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 a standard industrial unit at £45 per m2 in scheme 337000 based on comparable assessments at Fareham Reach, citing the lower eaves height (11.14m) and mid-size (9,020.7m2). The tribunal found the property was correctly assessed as a modern, high-bay distribution warehouse under the national scheme at £65 per m2, having confirmed the correct classification based on the property's physical attributes including two bays, high eaves height, large yard, multiple loading doors, and good motorway access, which distinguished it from the older, lower-specification comparables cited by the appellant.
Summary generated from the decision text and checked against it. The appellant was CPG Logistics Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Valuation method · decisive
- Evidence
- Settled assessments, Rents, Photographs
- Hearing
- 11 June 2021
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