Tribunals · Medway Council · 2017 rating list

TRANSIT (MEDWAY) LIMITED, CROWN WHARF, ROCHESTER, ROCHESTER, ME2 4EP

Warehouse and premises Decided 28 September 2022 CHG100131004 Altus Group - Oakland - Manchester

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

Original RV£640,000£25/m²

Ratepayer sought£470,000

VO conceded first£595,000−7% before the hearing

Tribunal decided£508,000£23/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 warehouse and premises assessment on the grounds of tone and quantum allowance. The appellant proposed £470,000 RV based on £21.25/m2, arguing that a merger had enlarged the property and a quantum allowance was now applicable, supported by declining rental evidence and comparative properties in the same scheme. The Valuation Officer initially resisted any reduction but ultimately conceded to a revised assessment of £595,000 RV. The tribunal found that comparable properties (Givauden at £22/m2, Premier Grocery Products at £20/m2, and Parker Steel at £23/m2) provided persuasive evidence that a rate of £23/m2 was reasonable rather than the original £25/m2, taking into account the rental evidence for Cummins Power Generation Ltd at £23.20/m2. The tribunal rejected a quantum allowance as unsupported by sufficient evidence but allowed the appeal in part, reducing the assessment to £508,000 RV.

Summary generated from the decision text and checked against it. The appellant was Scotline Terminal (Transit), represented.