Tribunals · City of Westminster · 2017 rating list

BST & GRD FLR 35 OLD COMPTON STREET, W1D 5JX

Shop and premises Decided 3 February 2022 CHG100129616 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£133,000£3000/m²

Ratepayer sought£123,000

VO conceded first—

Tribunal decided£133,000£3000/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 contended that the Zone A rate of £3,000/m² adopted in the valuation was excessive and sought a reduction to £2,800/m². The tribunal considered the subject property's own rent of £120,000 pa (£2,626/m²), rental evidence from comparable properties in the vicinity, and assessed the weight to be attached to each piece of evidence. The tribunal found that the rental evidence closest to the antecedent valuation date from units within close proximity to the appeal property supported a Zone A rate of £3,000/m², and therefore dismissed the appeal and confirmed the rateable value at £133,000.

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