Tribunals · City of Westminster · 2017 rating list

2ND FLR, 36-38 LEXINGTON STREET, W1F 0LJ

Offices and premises Decided 11 June 2021 CHG100131475 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£36,500£500/m²

Ratepayer sought£28,750

VO conceded first—

Tribunal decided£36,500£500/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant contended that the rateable values of four office floors should be reduced from £36,500-£38,500 to £26,000-£28,750 based on a price per m2 of £375 instead of £500. The appellant relied on rental evidence from comparable properties in other streets and settlements reached after challenge decisions. The tribunal found that the comparable properties and settlements were not located within the same locality as the subject properties and placed most weight on rental evidence from 46 Lexington Street in the same street, which supported the existing valuations. The appellant failed to discharge the burden of proof that the properties were overvalued, and the appeals were dismissed.

Summary generated from the decision text and checked against it. The appellant was ALR Music Limited, represented.