Tribunals · Tonbridge and Malling Borough Council · 2017 rating list

4, SHELDON WAY, LARKFIELD,, me20 6se

Warehouse and premises Decided 7 January 2021 CHG100105008 Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£115,000£60/m²

Ratepayer sought£107,000

VO conceded first—

Tribunal decided£107,000£56/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant argued that the rateable value should be reduced based on rental evidence from Unit 4 analysed at £56.00/m2, which was closer to the antecedent valuation date and was a new letting. The tribunal found that the appellant's rental evidence for the subject property was the best evidence available, being directly from the property being valued and the closest to the valuation date. The tribunal was not persuaded that the valuation officer's comparable evidence from other locations in different valuation schemes with different ages and sizes was sufficiently comparable to support the existing £60.00/m2 valuation.

Summary generated from the decision text and checked against it. The appellant was B and W Engineering Services Ltd, represented.