BUILDING 4 2ND FLR TRENTSIDE BUSINESS VILLAGE, FARNDON ROAD, NG24 4XB
Building 4, 2nd Floor, Office Decided 6 October 2021 CHG100115061 Steven Bicknell
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 that the price per m² should be £80 based on new lettings from 2013 and 2017 analysed to £66.92-£88.58 per m². The Valuation Officer relied on rent review evidence from 2015 analysed to £112.85-£133.74 per m², supporting the adopted value of £116.14 per m². The tribunal found the VO's rent review evidence more compelling as it was from close to the antecedent valuation date, whereas the appellant's new lettings evidence was too remote from the AVD, and dismissed the appeal confirming the RV of £38,750.
Summary generated from the decision text and checked against it. The appellant was Magnus Educational Foundation, represented.
Grounds argued
- Rental evidence · decisive
- Comparable assessments (tone)
- Evidence
- Rents
- Cases cited
- Gardiner & Theobald LLP v David Jackson [2018] UKUT 0253 (LC)
- Hearing
- 22 September 2021
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