Tribunals · Swindon Borough Council · 2017 rating list

13-13, FLEET STREET, SN1 1RQ

Shop and premises Decided 10 September 2021 CHG100122979 Keningtons LLP- Ian Landau

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£35,000£350/m²
Ratepayer sought£23,500
VO conceded first—
Tribunal decided£21,000£205/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 argued that the zone A price of £350 per m² was excessive, relying on actual rents of the property (£20,000 in 2012 and £21,700 in 2017) and comparable rental evidence from Fleet Street properties. The tribunal found the actual rents of the appeal property to be the starting point and, having regard to the 2017 rent analysing to £219.25 per m² and comparable rental evidence, determined that a zone A price of £205 per m² was appropriate. The appeal was allowed in part, with the rateable value reduced to £21,000 effective from 1 April 2017.

Summary generated from the decision text and checked against it. The appellant was Peera Investments Ltd, represented.

Grounds argued

  • Rental evidence · decisive
  • Comparable assessments (tone)
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
Hearing
16 August 2021

Similar decisions

All decisions in Swindon Borough Council · Shops nationally

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.