Tribunals · London Borough of Barnet · 2017 rating list

342, REGENTS PARK ROAD,, n3 2ll

Shop and Premises Decided 9 February 2021 CHG100116205 Altus Group - Oakland - Manchester

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

Original RV£35,500£575/m²

Ratepayer sought£26,000

VO conceded first£33,000−7% before the hearing

Tribunal decided£29,000£505/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 challenged the rateable value of a retail unit in Finchley, initially seeking £18,500 (based on £315/m²), revised to £26,000 (based on £450/m²), against the Valuation Officer's defence of £33,000 (based on £575/m²). The tribunal found that the neighbouring property at 344 Regents Park Road, with a zone A rate of £505.96/m², provided the most reliable comparable evidence and that the VO's rate of £575/m² was out of tone with this rental evidence. The tribunal determined a zone A rate of £505/m² was appropriate and set the RV at £29,000.

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