Tribunals · London Borough of Bexley · 2017 rating list

UNIT 15/17,, MANFORD INDUSTRIAL ESTATE,, MANOR ROAD,, MANOR ROAD,, DA8 2AJ

Warehouse and premises Decided 8 February 2021 CHG100125537 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£38,000

Ratepayer sought£34,000

VO conceded first—

Tribunal decided£38,000£65/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 sought a reduction to RV £34,000 based on analysed rental evidence suggesting £57.50 per m² was appropriate, arguing that rental levels at the antecedent valuation date were lower than those passing on the subject property in 2013. The tribunal, having considered a basket of rental evidence from comparable units on the same industrial estate, including new lettings and lease renewals, found that rental values were increasing between 2013 and 2014 and would have been rising at the antecedent valuation date. The tribunal was satisfied that £65 per m² was not unreasonable and dismissed the appeal, confirming the RV of £38,000.

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