Tribunals · London Borough of Camden · 2017 rating list

47-49 Camden Road, NW1 9EU

Restaurant and Premises Decided 30 November 2020 CHG100119570 Tanner Rose - Adrian Rose

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV£73,500£400/m²
Ratepayer sought£38,000
VO conceded first£55,000−25% before the hearing
Tribunal decided£38,000£400/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 (Prompt Exit) argued the restaurant in railway arches should be valued at £38,000, with deductions from the £52,000 licence rent for rates and utilities. The tribunal accepted the appellant's zonal valuation approach at £400 per m2 for Zone A, recognising significant intrinsic disadvantages in lighting and layout. The tribunal found that the licence was a better indicator of value in this case than ordinarily, as the property's unattractive nature as arches off Camden Road reduced its appeal to tenants, and allowed the appeal accordingly.

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

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
  • Zoning or layout
Evidence
Rents, Settled assessments
Cases cited
Gardiner & Theobald LLP v David Jackson (VO)
Hearing
13 November 2020

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