52-54 THE BROADWAY, RH16 3AL

What was argued and what the tribunal found

The appellant contended the property should be valued as a restaurant and premises using a zoned approach at £385/m2, proposing an RV of £32,500, arguing it was food-led with additional kitchen staff employed from July 2016. The Valuation Officer defended the assessment as a wine bar and premises valued by fair maintainable trade at £71,600. The tribunal determined that despite increased dry receipts, the property remained a wet-led operation (approximately 80% wet, 20% dry) with a bar area open until late hours, characteristics consistent with a wine bar rather than a restaurant, and found the existing FMT valuation fair and reasonable.

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

Grounds argued

• mode and category of occupation · decisive
• Valuation method
• Floor area or measurement

Evidence

Trading accounts, Settled assessments

Cases cited

Scottish & Newcastle Retail Limited & Allied Domecq Retailing Limited v R F Williams (VO)

Hearing

13 May 2021